Pension fund and retirement saving scheme

 

As large as the Pension fund and retirement saving scheme in Nigeria is in terms of capital and deposits, it h webapex.net as only been able to capture the formal sector most especially salary earners in the private and public sector.

However, a large number of young entrepreneurs, side hustlers, and small business owners are still left uncovered.

The informal sector of Nigeria which is largely unregulated and consists of largely service production in small and medium scales has an ever-rising population of youth participation due to unempl westernmagazine.org oyment and another demographic fall out.

One then wonders how these millions of people will adequately cover for their future when businesses or multi ysin.org ple streams of income begin to cease or reduces.

These people need a platform that will accept their bits and coins at an irregular pace due to irregular streams, earn them interest rate without charging the bits they are piling up and also be secured enough to beat inflation and other macroeconomic mishaps while guaranteeing them a better and secured future.

While looking at all these, only one platform comes to mind; Fundall — a platform tailored to young entrepreneurs, startups, small business owners and side hustlers to help them grow their business and also build a sustainable lifestyle.

The blessing of this platform for small business owners and people in the informal sector is that their savings are not affected by any of the platform’s investment transactions.

A small business owner can start by setting up a Retirement Fund on the platform for the number of years he is expecting to retire or slow down in income. The platform has inbuilt tools that help to calculate the amount needed and sets a pathway towards reaching the goal.