Investment Managers Begin to Eye Pension Fund Business, Here Are the Challenges
On the other hand, PT Sinarmas Asset Management, as the first investment manager to open a DPLK service, views this business as a strategic step to expand financial inclusion while strengthening the long-term investment ecosystem in Indonesia. Chairman of DPLK Sinarmas Asset Management, Stephanus Rudi Ok, said the company is not only targeting participants from the Sinar Mas Group but also workers in the informal sector. To expand the participant base, marketing will be strengthened through digital applications and the distribution networks of corporate partners. The services offered include the Defined Contribution Pension Programme (PPIP) for individual and institutional participants, post-employment compensation funds, periodic pension benefit payments, and children’s education funds.