Chamber of Corporate Trustees

Domestic Debt Exchange: 21 Corporate Trustees May Collapse – Chamber Of Corporate Trustees

Domestic Debt Exchange: 21 Corporate Trustees May Collapse – Chamber Of Corporate Trustees

The Chamber of Corporate Trustees is warning that about 21 corporate trustees would fold up if the government implements the Domestic Debt Exchange (DDE) programme in its current form. Speaking at the 9th Investiture Ceremony of the Governing Council of the Chartered Insurance Institute of Ghana (CIIG), Thomas. Esso, Executive Secretary of the Chamber of Corporate Trustees, said the DDE has the tendency of collapsing of the industry, hence, calling for the exemption of corporate trustees from the programme. “The domestic debt exchange in its current form is not good for our industry. If it is implemented we will be…
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Don’t Engage Government In Debt Exchange In Current Format – Pensions Chamber To Trustees, Employer Schemes

Don’t Engage Government In Debt Exchange In Current Format – Pensions Chamber To Trustees, Employer Schemes

The Chamber of Corporate Trustees (Pensions Chamber) has urged all Board of Trustees and Employer Sponsored Schemes not to engage government in the debt exchange programme in its current format until it has renegotiated a favourable term for the pensions industry. According to a letter dated December 15, 2022, it said, since the announcement of the domestic exchange programme, the Chamber of Corporate Trustees on behalf of the pensions industry has been advocating for the pensions industry to be ring-fenced or the terms renegotiated. “As at today, 15th December 2022, the Pensions Chamber has written to the Minister of Finance to…
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