Axis Pension Trust says it will not chase short-term market gains, even as an improving economy and rebounding capital market create new openings for investors, opting instead to prioritise capital preservation and long-term member value.
Speaking at the company’s 2026 Annual Schemes Open Forum, Chief Executive Officer Afriyie Oware said the investment approach of Ghana’s second-largest corporate trustee remains anchored in discipline rather than opportunism, even as macroeconomic conditions improve.
“While the improving economic environment presents new opportunities for investors, we remain guided by discipline and prudence,” Oware said. “Our responsibility is not to chase short-term market performance but to manage members’ retirement savings in a way that reflects their different investment horizons, preserves capital and creates sustainable long-term value.”
That cautious stance sits alongside continued growth. Its flagship Axis Pension Plan, described by the company as Ghana’s leading personal pension scheme, now manages more than GH₵600 million in assets on behalf of over 70,000 contributors, underscoring the scale the firm is seeking to protect through its conservative posture.
Industry
The strategy comes as Axis expands its position in Ghana’s private pensions industry. It is now ranked the country’s second-largest corporate trustee, according to the latest National Pensions Regulatory Authority rankings, and sponsors six schemes including the Cedar Pension Scheme, Cedar Provident Fund, Axis Micro Pension Scheme, and the Secure Pensions Occupational and Provident Fund Master Trust Schemes.
The two-day forum gave members updates on audited accounts, investment performance and governance developments affecting their retirement savings.
Robert Bennin, Chairman of the Board of Trustees for the Cedar Occupational and Personal Pension Schemes, said the long-term approach reflects trustees’ fiduciary duty to protect members’ interests through market cycles, particularly during periods of volatility.
“Trust is at the heart of everything we do as Trustees,” Bennin said. “We recognise that every contribution entrusted to us represents a member’s aspirations for a financially secure future, and we remain accountable to our members and committed to ensuring they understand how their funds are being managed.”
Alongside its investment strategy, Axis is pushing further into digital administration as competition among trustees for contributors intensifies. The company said it is moving toward fully paperless operations, letting members initiate withdrawals, beneficiary updates and contributions digitally, and has reintroduced Afrakomah, its AI-powered digital agent, across its chat, WhatsApp and call centre platforms. It has also expanded into real estate advisory services to help members make more informed property decisions.
Paa Kofi Ankomah, Chairman of the Board of Trustee for the Secure Occupational Provident Fund Master Trust Schemes, said the technology investments were intended to improve convenience and generate measurable value for members, adding that the company had made progress toward a “seamless, 360-degree paperless experience” across its schemes.