Kenya’s Pension Fund Industry amounts to approximately KShs 200 billion reference‚ or the equivalent of 23% of Gross Domestic Product (GDP). These funds are currently operated by statutory contributions under National Social Security Fund (“NSSF”)‚ sponsor-led schemes and individual Retirement Benefit Schemes reference. | These pension funds are established by employers to facilitate and organize the investment of employees’ retirement funds contributed by both the employers and the employees
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the demand for consumer loans. For example‚ generally within the first quarter of the year consumers are receiving their tax returns. If there is a consumer has borrowed a payday advance and they receive a payday loan they are more than likely going to pay off their loan‚ instead of re-borrowing‚ because they have more disposable income and no longer needs a payday advance. So that can generate a time period that the payday lending companies can expect to process less loans. There are also times where
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Using Responsibility-driven design concepts‚ construct an online Java application (i.e. a Java applet to be rendered on a web-browser) that asks user for input amount of the loan‚ the interest rate and the number of years. The program validates the input checking for valid numeric data before continuing. If the interest rate was entered in percentage form it converts to decimal before calculation process. The program then calculates the monthly payment. The values are displayed rounded to 2 decimal
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mutual fund and its functioning. This helps to know in details about mutual fund industry right from its inception stage‚ growth and future prospects. It also helps in understanding different schemes of mutual funds. Because my study depends upon prominent funds in India and their schemes like equity‚ income‚ balance as well as the returns associated with those schemes. The project study was done to ascertain the asset allocation‚ entry load‚ exit load‚ associated with the mutual funds. Ultimately
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Fundamentals The educational system has always been a topic to discuss. Whether for or against the argument‚ the educational system seems to be at the bottom of the nations priorities. Mainly the questions asked is where funding can come from‚ the participation needed‚ and the choices between educational systems. Since education is how a society must strive and expand in its knowledge and economy‚ the educational system for such should be at its forefront. Nevertheless‚ the educational system argument
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NATIONAL UNIVERSITY OF SINGAPORE NUS BUSINESS SCHOOL FIN 3102 – Investments and Portfolio Management Luis Goncalves-Pinto – Sem 1‚ AY 14/15 Guidelines for: “Dimensional Fund Advisors” (Case Study HBS 9-203-026) This case uses DFA as a setting to introduce you to the latest research in academic finance‚ as well as to show you how you can turn new findings into productive investment strategies. This case pays particular attention to the cornerstones of the DFA approach: the “size effect”
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IMPLEMENTATION OF STUDENT LOAN ASSET-BACKED SECURITIZATION IN MALAYSIAN HIGHER EDUCATION. (A STUDY CONDUCTED AT MALAYSIAN ECONOMY IN THE ASIA) Paper no.60 ABSTRACT The research is to investigate the alternative financing in Malaysian Higher Education by introducing student loan securities as a type of asset-backed securitization. It will analyse and consider possible effects in order to relieve the pressure currently imposed on the Government Budget. The aim of this research is to identify
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SYNOPSIS A Study on THE IMPACT OF ELECTRONIC FUNDS TRANSFER ON BANKS AND ITS USERS Submitted in Partial Fulfillment of the Requirements of Bangalore University for the Award of the Degree of MASTER OF BUSINESS ADMINISTRATION By BINI JOEL THOMAS REG NO: 09SKCMA014 (Under the Guidance of Dr. Bharath) EMPOWERING MINDS Acharya Institute of Management
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The Global Imperative for U.S. Educational Reform Table of Contents Introduction 3 Background 4 Problem Statement 6 Alternative Solutions 7 Conclusion 11 References 12 The Global Imperative for U.S. Educational Reform The United States has an extensive educational system that has been charged with accommodating
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PENSION FUNDS A pension plan fund is established for the eventual payment of retirement benefits. A plan sponsor is the entity that establishes the pension plan. A plan sponsor can be: • A private business entity on behalf of its employees‚ called a corporate plan or private plan. • A federal‚ state‚ and local government on behalf of its employees‚ called a public plan. • A union on behalf of its called a Taft-Hartley plan. • An individual‚ called an individually sponsored plan. Two
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