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Standard Bank Hosts Financial Literacy Class for SMEs on Pension Funds

Standard Bank Hosts Financial Literacy Class for SMEs on Pension Funds

Standard Bank, through its Business Incubator, recently held a virtual class on pension funds, aimed at Small and Medium Enterprises (SMEs) and entrepreneurs. According to a statement, the initiative sought to promote a culture of financial planning and encourage more informed investment decisions.

In a document sent to Diário Económico, the session was led by Dércia Jamisse and Leandro Remtula, specialists from Standard Pension Fund, who shared key insights on how complementary pension funds work and their benefits for companies and individuals.

“This is a safe and structured savings and investment instrument that helps secure income in retirement, protect beneficiaries, and build wealth over time. Participants also learned about contribution and membership mechanisms, as well as the tax and legal advantages associated with them, including access conditions to benefits — reinforcing the importance of systematic and disciplined saving,” the statement explained.

According to the speakers, the class was a success, “considering the strong interaction throughout the session and the interest shown by entrepreneurs and SME representatives, many of whom expressed an intention to join this type of fund. The high level of participation demonstrated the growing recognition of pension funds as instruments of financial security and sustainability.”

“Our goal is to promote a culture of responsible saving and investment, showing that pension funds are an accessible and essential tool to ensure future financial well-being. We want companies, entrepreneurs, and SMEs to see this not just as savings, but as a way to care for themselves, their employees, and their families,” said Dércia Jamisse.

With this initiative, Standard Bank reaffirms its commitment to promoting financial literacy and supporting the sustainable development of Mozambique’s business ecosystem, contributing to the creation of a stronger, more conscious, and inclusive financial future.

Source: Diário Económico

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