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The report seeks to gain insights into the adoption of retirement savings within the Small and Medium Enterprises (SMEs) sector in Nairobi County.
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The retirement savings sector in Kenya has shown remarkable performance in recent years, achieving an average return on investment of 10.5% in 2020, up from 9.2% in 2019. Additionally, the sector has seen consistent growth in both the number of members and assets under management, with a 10-year Compound Annual Growth Rate (CAGR) of 14.4%, reaching Kshs 1,547.4 billion in 2021 compared to Kshs 403.2 billion in 2011. These statistics come from the Retirement Benefits Authority of Kenya (RBA).
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WYLDE Retirement Savings Report 2023
Report Launch Live Event Coverage
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