Make an investment plan

Make an investment plan

Last week we discussed the importance of budgeting, which allows you to accumulate savings. Saving alone without an investment plan is like planting a seed in dry sand—no growth can happen. You therefore need a solid investment plan for your savings. For your...
Create a budget, start immediately

Create a budget, start immediately

When I was younger, the idea of investing, saving, or even planning for retirement, always led to the thought “I still have a lot of time for that”. And maybe I do, but what I learned at the Retirement Planning Seminar by NICO is that the longer I wait to start...
RETIREMENT PLANNING: WHY SHOULD YOU EVEN BOTHER?

RETIREMENT PLANNING: WHY SHOULD YOU EVEN BOTHER?

As I grow older (and wiser), retirement starts to hit home a lot harder than it did when I was 25 years old. It has moved from being a vague possibility to a definite reality. There are several issues associated with this big and unavoidable life stage. What would I...
NICO Pension declares 14% bonus

NICO Pension declares 14% bonus

NICO Pension has declared a 14% bonus for the year 2021 on pension funds under the Ufulu Unrestricted Fund. The return is an improvement from 2020’s 9.37% in the economy that has been affected by several issues, including disruptions cause by Covid-19 and rapidly...
NICO supports PUSSAM training

NICO supports PUSSAM training

NICO Group has donated K1,980,000.00 to Public Universities Staff Sports Association of Malawi (PUSSAM). The funds will go towards the association’s training sessions for its executive members. As a leading financial institution in Malawi, NICO Group believes in...