UAP Old Mutual, in partnership with the National Social Security Fund (NSSF) Uganda, orchestrated an enlightening financial education event at the Kampala Sheraton Hotel. Themed “Prosper Beyond Retirement,” the gathering targeted customers approaching eligibility for midterm and age benefits, as well as those nearing retirement age.
The summit centered on financial literacy, promoting investment in insurance, and effective asset management strategies essential for ensuring long-term financial stability, particularly post-retirement. UAP Old Mutual, a comprehensive financial services provider offering general and medical insurance, life assurance, and asset management solutions, showcased a variety of products including travel insurance, motor comprehensive insurance, unit trusts, and Somesa education policies.
The event kicked off with an inspiring keynote address delivered by Robert Kabushenga, Board Director of Old Mutual Life Assurance. Kabushenga underscored the growing importance of retirement planning, especially among individuals aged 45 to 55, citing insights from the 2020 Financial Capability Survey by the Bank of Uganda.
Following the keynote, a dynamic panel discussion featuring industry experts from the insurance and financial sectors ensued. Panelists included James Maguru, General Manager of UAP Old Mutual Insurance, Gerald Kasato, Acting Deputy Managing Director of NSSF Uganda, and Robert Kabushenga, UAP Old Mutual Board Member, with moderation by Crystal Newman, a prominent media personality.
Maguru emphasized the vital role of insurance in securing financial well-being, highlighting its ability to provide a safety net during unforeseen circumstances and expedite recovery. Kasato stressed the importance of prudent investment decisions and the need for diversified portfolios, while advocating for financial education as a means of empowering individuals to take control of their financial futures.
UAP Old Mutual’s collaboration with NSSF Uganda seeks to empower individuals and businesses with comprehensive financial solutions. Through this partnership, the organizations aim to conduct financial education sessions nationwide, furthering their commitment to promoting financial literacy and inclusion across Uganda.
