Committed to helping the populace plan effectively for retirement, the umbrella body of insurance companies, the Nigerian Insurers Association (NIA) is planning a workshop for workers in both the public and private institutions.
The workshop according to NIA will enlighten them on how to prepare for their future using available financial planning tools.
The two-day workshop, scheduled to hold in Lagos from September 17 to September 18 has as its theme,
“Preparing for tomorrow today,” and notable speakers had been lined up to address different issues on financial plans.
Yetunde Ilori, Director General, NIA said insurance is a means of financial planning and a veritable means for workers to plan for their future.
She observed that many Nigerians did not have plans or prepare for their future after decades of work and this had its attendant consequences.
Ilori said it was cogent for workers to have a change of mind and do the right thing because if they were ready or not, their retirement would come later in life.
A statement from the NIA said the speakers at the workshop would discuss topics such as the importance and necessity of building economic back-ups.
According to sociation, transiting into retirement with only the prospect of pension income is hardly prudent and not recommended by pension retirement planning experts.
This session, it added, would explore the possible sources of retirement income and their limitations and present other options for a financially secure retirement.
The topic, “Achieving the retirement dream,” which would help workers to create actions and adopt a long-term view that are prerequisite for a dignified and comfortable retirement would be discussed.
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