What is Petra Trust Ghana? How does it work and what will it take to join? These are some of the numerous questions Ghanaian ask when planning to save for retirement. Petra Trust's main objective in Ghana is to provide retirement security for citizens. It was established following the pension law 2008 Act 766.
Petra Trust refers to a defined contribution pensions company which was licensed and set up as a corporate trustee for provision of trustee services to individuals and employers. Its main aim was to help in the setting up and managing pensions for employees and companies.
This explains why corporations and companies seek assistance in managing pension schemes for their employees, and also in acquiring advice for their financial planning.
Petra Trust company - roles and mandate
Petra Trust Company Limited in Ghana is the leading corporate trustee that is authorized by the National Pensions and Regulatory Authority (NPRA) to assist in providing support and services to people in Ghana. It is also charged with the mandate of managing pension schemes.
These range from government agencies to leading multinational corporations, and top private sectors players. Their main clients are institutions who are under requirement by the pensions Act to choose a trustee to manage pensions for their employees
Roles to note
- Petra Trust Ghana also helps in providing distinct solutions towards the planning of finances in various business institutions in Ghana.
- They advise and offer necessary guidance to people that desire to save towards their dreams or retirement.
- They take pride in the ability to offer good customer experience and unrivalled investment performance and efficiency in their operations.
The company hopes to take advantage of the rapidly growing financial services demand. The company enjoys an increasingly expanding market. They have managed to set themselves a target that involves serving over five million Ghanaians. The attraction is their good saving products and as such, they intend to get the numbers up to 120000 customers.
This will be achieved by increasing the number of staff and using all platforms to enhance and expand its service provision. The goal is to ensure that Petra’s products and services become the first stop for citizens seeking financial advice. With the introduction of more mobile means of communication, the expansion dream is possible.
Petra Trust portal
Petra Trust fund has a members portal. This requires one to be a registered member to get a username and password to log in. Petra Trust fund portal is beneficial in the following ways:
- It enables you to track your contributions
- Allows an individual to pay into their savings booster account
- Helps one to update your account information
- Enables a registered Petra Trust member to download your statements and many more.
Petra Trust addresses
The viable Petra Trust contact details are crucial whenever you want to reach out. They include:
- P.O. BOX CT3194 Cantonments,
- Accra Ghana
- Phone: +233(0)242435037 or +233(0)302740963
- Email address - firstname.lastname@example.org
Petra Trust login
For you to sign in into Petra Trust portal as a registered member, you should always ensure to use your username and password. The following is the login procedure you should follow.
- Go to the website
- Input your username which is your mobile number or email address
- Put the password and then click login
You may have to create an account first if you do not have one.
Petra Trust investment
Being a corporate trustee, the company provides all administration and investment services. The main aim is to provide scheme members with investment returns that are competitive and offer good customer service.
They offer sponsored employers and standalone schemes investment advisers. By acting as an independent trustee on an investors’ board, they can succeed in bringing world - class and unrivalled levels of knowledge and experience.
The company has also managed various assets not only in Africa’s largest central banks but also pension industry participants. Through a good combination of administrative processes and state of the art technology, they ensure that employees receive accurate information on their pensions and investments on time.
They breakdown the complex investment process and makes them easy by providing staff training programs to educate employees on various ways of achieving an organizations investment plans, educate them on their savings, pensions and retirement investment plans.
Petra Trust loans
Petra Trust launched a saving booster which is an excellent saving product and allows individuals an opportunity to acquire loans and also boost their savings, by shading off a part of what they would have paid in form of income tax, and adding it to their savings.
The deputy managing director of Petra Trust believes that the saving booster will be used in all Petra Trust branches. The major key feature of the booster is wealth creation through loans in the sense that funds in an individual’s account can be used as collateral. This will enabling one to secure a loan or mortgage without interfering with the growth and momentum of their savings.
If you are considering to visit the offices then consider the following location.
- 113, Airport West, Near Oasis Lodge, Dzorwulu
With the information you now have about Petra Trust in Ghana, it is clear that the initiative is geared towards ensuring financial security for the common citizen especially during retirement.
What's more, it has contributed towards economic growth in the sense that people approach wealth creation in a better manner due to the financial planning advice they receive. The same applies to both multinationals and government agencies. When employees are empowered economically, they can thrive.
Petra Trust is one of the best ideas for investing as an employee. Planning for your retirements should be of paramount importance during your active years.