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The Finance & Pension Administration Division

The Finance & Investments Department falls under Finance & Pensions Administration Division. The Department is further broken into two sections i.e. the Finance Section and the Investments Section.

Key functions of the Department
Finance and Accounting Investments
· Accounting for financial transactions
· Mgmt of liquid resources
· Budgeting and Budgetary control
· Preparation of management reports
 · Managing the investment portfolio
· Monitoring investment trends and opportunities
· Preparation of performance reports
Challenges Faced By Dept. Investment Policy
· Finance and Accounting
· Finance and Accounting Improvement
· Investments Growth
· Investment Management
 · Investment Objectives
· Prohibited Investments
· Allowable Investment Instruments
· Current Approved Investment Asset Allocation Limits
 
· Investment & Asset Analysis
· Performance of Share Prices
From 1996 to 1999 income collection had been on a downward trend. By 1999 the total income for the Fund had dropped to K5.7 billion pa from K8.7 billion in 1996. LASF Management thus identified various approaches in which to improve liquidity.
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The Fund has corporate governance structures aimed at enhancing accountability and transparency on finance and investment activities.
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