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PIAJ President, Sanya Goffe commented that the PIAJ is “upbeat about the additional expansion to the investable pool of foreign currency debt instruments. Pension Industry Association of Jamaica (PIAJ), the local pensions lobby group, is applauding the Bank of Jamaica’s (BOJ) move to expand the allowable foreign currency assets available for investment by superannuation funds and retirement schemes which come into effect April 30, 2021.
PIAJ President, Sanya Goffe commented that the PIAJ is “upbeat about the additional expansion to the investable pool of foreign currency debt instruments as it will allow for more flexibility, and geographic and issuer diversification for pension funds resulting in greater inflation protection and better returns for participants of pension plans.” ....
Goffe, who is a partner in the law firm Hart Muirhead Fatta, has practised pensions law and corporate law for over 17 years, and consistently lobbied for pension reform locally, believes now is a prime time for a change. Sanya Goffe is making big moves. The 2020 Eisenhower Fellow, who has done significant work on pension reform to improve retirement security in Jamaica, is now leading the way into long-term investment opportunities as the chairperson of the Board of Stratus Alternative Funds SCC an investment vehicle designed by NCB Capital Markets Limited. Goffe, who is a partner in the law firm Hart Muirhead Fatta, has practised pensions law and corporate law for over 17 years, and consistently lobbied for pension reform locally, believes now is a prime time for a change. ....