Company Overview
Empowering Ghanaians with confidence and peace of mind for their retirement.
Our Vision
At Standard Pensions Trust, our mission is to empower individuals to embrace their retirement years with financial confidence and peace of mind. We are committed to safeguarding their lifelong dedication to work by providing reliable and transparent pension solutions. Our vision is to foster a thriving community of members who support each other on the path to secure and fulfilling retirements. Through expertise, transparency, and trust, we aim to be the unwavering partner in our members' retirement journey, ensuring they enjoy the retirement they've always dreamed of.
What We Do
Retirement Planning & Pension Fund Management
We provide comprehensive retirement planning services and expert management of pension funds to ensure optimal growth and security for your future.
Tier 2 & Tier 3 Pensions
As a licensed pension trustee, we administer both mandatory Tier 2 occupational pension schemes and voluntary Tier 3 personal pension plans.
Self-Service Solutions
Our digital platforms provide easy access for both employees and employers to manage contributions, track performance, and plan for retirement.
Our Core Values
Trust
We earn and maintain the confidence of our members through consistent reliability and integrity in all our operations.
Transparency
We operate with complete openness, ensuring our members understand their pension plans and our investment strategies.
Integrity
We adhere to the highest ethical standards in all our business practices and decision-making processes.
Growth
We are committed to continuous improvement and innovation to better serve our members' evolving needs.
Why Choose Us
Over 150,000 Members
Join our growing community of members who trust us with their retirement planning and pension management.
Over 2,000 Employers
Join the employers across 19industries who trust us with their employees' pension management.
≈ 100% Prompt Payouts
Every client is assigned a personal account manager to provide tailored guidance and support.
Fast Claim Processing
Our streamlined processes ensure quick and efficient handling of all benefit claims.
Who We Are
Standard Pensions Trust Limited is a Ghanaian corporate pension trustee licensed by the National Pensions Regulatory Authority (NPRA) under licence number CT15003. It administers Tier 2 mandatory occupational schemes and Tier 3 voluntary schemes under the National Pensions Act, 2008 (Act 766), on behalf of over 150,000 members and over 2,000 employers across 19 industries.
A corporate trustee is not a bank and not an investment manager. It is the entity legally responsible for a pension scheme: holding it in trust for members, appointing and supervising the fund managers and custodians, keeping member records accurate, and paying benefits when they fall due. That responsibility is a fiduciary one — a legal obligation to act in members' interests rather than the trustee's own.
Our Role in Ghana's Pension Industry
Ghana's 2008 pension reform split retirement provision into three tiers. Tier 1 remained with SSNIT as a state-managed monthly pension. Tiers 2 and 3 were opened to licensed private trustees, on the reasoning that funded, individually attributed accounts under independent supervision would give workers both better transparency and a second source of retirement income.
Standard Pensions Trust operates in that private-trustee role. The scheme assets it administers are held by independent custodians rather than by the trustee itself, invested only through vehicles the NPRA permits, and charged fees capped by regulation. The company reached its present scale partly through consolidation: four mergers and acquisitions brought together the member books and expertise that now make up the 150,000+-member network. That history is set out on the company timeline.
Our Pension Solutions
Four schemes cover the mandatory and voluntary sides of the system:
- Master Trust — the mandatory Tier 2 occupational scheme, funded by 5% of basic salary.
- Employer Sponsored schemes — Tier 2 and Tier 3 trustee services for organisations that want to own and customise their scheme.
- Provident Fund — voluntary Tier 3 saving for formal-sector workers, jointly funded by employer and employee.
- Personal Pension — voluntary Tier 3 saving for self-employed and informal-sector workers, with contributions you set.
Where We Operate
Standard Pensions Trust operates across 8 branches and over 2,000 employers. The head office is at 42 Nii Nortey Nyanchi Street, adjacent the GCB Bank Dzorwulu Branch in Accra, with branch offices in Takoradi, Kumasi, Ho, Dunkwa-on-Offin, Cape Coast and Techiman. Enrollment, document verification and claims questions can be handled in person at any branch, or through the member portal and mobile app. Full addresses and phone numbers are on the contact page.
Regulatory and Institutional Information
- Legal name: Standard Pensions Trust Limited
- NPRA licence number: CT15003
- Regulator: National Pensions Regulatory Authority (NPRA)
- Governing statute: National Pensions Act, 2008 (Act 766)
- Role: Licensed corporate trustee for Tier 2 and Tier 3 pension schemes
- Asset custody: Held by independent custodians, separate from the trustee
- Governance: Board of directors and leadership team listed on the leadership page
Common Questions
What does Standard Pensions Trust do?
It acts as the licensed corporate trustee for Tier 2 and Tier 3 pension schemes in Ghana: registering members and employers, collecting and recording contributions, appointing and supervising fund managers and custodians, maintaining member accounts, and paying benefits when members become eligible.
Who regulates Standard Pensions Trust?
The National Pensions Regulatory Authority (NPRA), under the National Pensions Act, 2008 (Act 766). Standard Pensions Trust holds NPRA corporate trustee licence number CT15003. NPRA supervision covers licensing, permitted investments, fee caps and reporting obligations.
Is my money held by Standard Pensions Trust itself?
No. Scheme assets are held by independent custodians, separately from the trustee. This separation is a regulatory requirement and is what protects members' balances from the trustee's own circumstances.
How many members and employers does it serve?
Over 150,000 members and over 2,000 employers, across 19 industries and 8 branches.