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Seniors focus on investment at CCRP/FirstCaribbean seminar

Published:Friday | July 23, 2010 | 12:00 AM
Sir Kenneth Hall, honorary board member, Caribbean Community for Retired Persons, presents a laminated clipping to Ruby Lawrence (seated) of her Gleaner front-page photo in honour of her 92nd birthday. Sharing the moment are Jean Lowrie-Chin and Professor Trevor Jackson. Contributed

The Caribbean Community for Retired Persons (CCRP/FirstCaribbean International Bank recently hosted a financial planning seminar and more than 200 participants attended.

Bank of Jamaica's Governor Brian Wynter told the participants that inflation was trending down. He added that as inflation becomes low and stable seniors can be more confident in their expectations that the returns on their investments will be more secure and their income in retirement will maintain its purchasing power.

Managing director of FirstCaribbean, Clovis Metcalfe, endorsed the CCRP's mission, "To work towards ensuring that the vast talent, experience and wisdom of our retired persons will be respected, and that they will enjoy the quality of life they deserve, having made their contribution to the development of the community, country and region."