Former Government pensioners educated on the benefits of personal financial planning
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Pensioners at the awareness meeting
The Colombo Stock Exchange (CSE) together with the Department of Pensions recently launched a programme in association with the Sri Lanka Pensions Department to educate pensioners on personal financial planning. The first programme under this initiative was held on August 27 at the Post Graduate Institute of Management. The workshop featured an in-depth presentation on “Personal Financial Planning and Investment” by Vice-Chairman of the University Grants Commission (UGC) Prof. P.S.M Gunarathna and an overview of investment in Unit Trusts by President of the Unit Trust Association P. Ashokan, according to a CSE media release.
Those who attended the programme engaged in lively discussions with the presenters and also explored the possibilities of investing in Unit Trusts by speaking to representatives of Unit Trust Firms, who were present at the event. Pensioners also received educational material published by the CSE.
“As the Colombo Stock Exchange we are of the view that knowledge is the most vital element in good decision making. In line with this thinking we have embarked on a concentrated and diversified agenda of awareness programmes. We have also seen the participation of numerous former servicemen of the government service and private sector who seek to invest their savings in lucrative investments which will prove fruitful for the future,” CSE CEO Rajeeva Bandaranaike said.
Pensions Department Director General Sunil Hettiarachchi said, “Our engagement with the Colombo Stock Exchange is a major milestone in our endeavour to provide an expanded repertoire of services to pensioners. We are not satisfied with providing pensioners with only a rudimentary service, we have expanded our services to the area of providing retired persons with greater assistance by way of programmes of this nature – which help them reinvest their earnings in a productive manner,”