Nairobi, April 23 -- During a recent forum, the CEO of the Retirement Benefits Authority, Charles Machira, set out a clear direction for the pensions industry.

He highlighted priorities that will shape the next phase: innovation with safeguards, expanding coverage, using pension funds to support economic growth, and improving outcomes for members. At the centre of this shift are trustees.

These priorities come at a time when pension assets stand at nearly Sh2.81 trillion. But growth alone is not success when the coverage gap remains Kenya's biggest challenge. Only about a quarter of Kenya's workforce is covered by a pension scheme, leaving the majority without structured retirement savings, especially in the informal sector, which accou...