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Dr Maxwell Ampong, CEO of Maxwell Investment Group
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Maxwell Investments Group (MIG) yesterday organised a gathering aimed at empowering entrepreneurs and business leaders in Ghana.
The MIG Business Forum, held at the British Council Auditorium, was dedicated to exploring the theme “The impact of financial literacy in post-retirement financial security.”
The event featured a diverse array of speakers, workshops, and networking opportunities, providing attendees with a platform to exchange knowledge, forge connections, and glean inspiration for their respective ventures.
Speaking during the forum, the Chief Executive Officer of Maxwell Investment Group, Dr. Maxwell Ampong, emphasised the relevance of the forum, particularly for the youth, who are diligently preparing for their future endeavors.
He stressed the importance of addressing future financial challenges proactively, drawing from past experiences and insights shared by seasoned individuals in the field.
Dr Ampong highlighted the significance of intergenerational wealth transfer, emphasizing the gratification of leaving a lasting legacy for future generations.
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Suggestion timelines
For his part, Dr. Godfred Amewu, a lecturer at the Department of Finance, University of Ghana Business School, underscored the timeliness of the programme, particularly in the realm of post-retirement planning.
He emphasised the imperative nature of initiating retirement plans early, cautioning against the pitfalls of delaying such preparations.
He stated that the programme’s emphasis on financial literacy and retirement planning is pivotal, as it fosters greater economic development and awareness among stakeholders.
He urged government intervention to integrate financial literacy and retirement planning into academic curricula, aiming to cultivate a culture of fiscal responsibility among the youth.
Proposing academic restructuring and curriculum enhancements, Mr Amewu envisioned a future where financial literacy and retirement planning are seamlessly integrated into educational frameworks, transcending mere economic development.
Amidst discussions on economic restructuring and banking reforms, he expressed optimism, foreseeing a brighter future for Ghana once the accompanying challenges are surmounted.
The MIG Business Forum stands as a testament to the collective commitment towards fostering financial literacy and ensuring post-retirement financial security, marking a pivotal step towards sustainable economic growth and prosperity in Ghana.