UTC Media Centre

The Trinidad and Tobago Unit Trust Corporation made a financial contribution of $100,000.00 to the Emancipation Support Committee in support of the Trans-Atlantic Trade and Investment Symposium recently held at the Hilton Trinidad. The symposium provided a forum for discussion on trade and focused on prospects for business engagement between Trinidad and Tobago and Africa.

Here, Ms. Natasha Davis, UTC Assistant Vice President, Marketing and Communications presents the cheque to Mr. Kaffra Kambon (right), chairman of the Emancipation Support Committee and Mr. Wale Ajibade, an international financial expert and panelist at the symposium.

Address delivered by

Mr. Ian Chinapoo – Executive Director

UTC’s SEA Scholarship Award Ceremony

July 31, 2015

• Members of the Management Team of the Unit Trust Corporation
• Dieonne Guischard, Youth Education Manger, Families In Action
• Rynessa Cutting, Past SEA Scholar
• UTC Scholars
• Parents, grandparents and relatives
• Members of the Media
• Ladies and Gentlemen

I welcome to the 19^thannual Unit Trust CorporationSEA Scholarship Awards.

I am sure that you feel an immense measure of pride at having gone through the rigour of the SEA examination, from the day you received your results and even now you would feel that sense of accomplishment and self-worth. For many of you it will be a moment that you’ll cherish for a lifetime.You will feel it even more when you put on that uniform, to your new school and why not? You would have earned it.This is an occasion to celebrate your success and we are happy to celebrate it with you. Read More

A diverse group of business and non- business students will have the opportunity to gain practical hands-on experience during the two-month internship program at the Trinidad and Tobago Unit Trust Corporation.

The twenty-eight (28) secondary and tertiary students were officially welcomed by Mr. Nigel Edwards, Vice President, Finance and Mrs. Judith Sobion, Vice President, Corporate Support Services during the orientation ceremony on Monday 6th July at the Financial Centre. Emphasizing the benefit of program to the eager interns, Mr. Edwards said “ The UTC internship will allow you to complement and hone your current studies by applying what they are learning in our classrooms in the workplace environment,” Read More

Balancing the realities of an ageing population and increased life expectancy means that for the modern Trinbagonian, retirement may no longer be guaranteed but now, a matter of prudent investment. As life expectancy increases, the need for extended retirement planning has become a matter of necessity. The current age of retirement in Trinidad and Tobago is standardized at 60 years of age. While this has been the subject of active debate, it also seems unlikely to change in the near future. The most recent data (sourced from Trinidad and Tobago’s own National Financial Literacy Programme) illustrates that as far back as 2006, persons 60 years old and over numbered 130,000 or 10 % of the population, compared to 87,000 or 8.0% of the population in 1980.

Read More

As part of World Environment Day (WED) initiatives, staff of the Unit Trust Corporation (UTC) in collaboration with Papa Bois Environmental Group, came together to clean up the beautiful Yaara Beach on the North West Coast, Trinidad and Tobago. In order to make the clean-up more environment friendly, staff reduced the use of plastics and all traveled by maxi to the beach. Read More

Every purchasing decision we make has an impact on the environment, economy and society – from the energy which our new computer consumes, to the conditions of the workers who made our clothes.

Natural Resources are scarce in comparison to our demands which appear to be unlimited. Every product or service manufactured or utilised is a result of the utilisation of natural resources. Read More

At some point in our lives, we ponder the question, “What would you do if you were given a large sum of money?”Many people would feel burdened and intimidated with the responsibility of managing any kind of excess money.

Receiving a lump sum payout can be very exciting because for many individuals it’s rare to have the opportunity to spend or invest a large amount of money at one time. But figuring out what to do with a lump sum payout also can be very stressful, especially if you aren’t comfortable making financial decisions.

Many experts recommend that you should take several months or even a year to decide how you’ll use the money, especially if the payout is tied to an emotional event, such as a death of a family member or a separation from your job. Read More

 ADDRESS BY THE EXECUTIVE DIRECTOR
IAN CHINAPOO
 ON THE OCCASION OF THE TRINIDAD AND TOBAGO UNIT TRUST CORPORATION’S
 33^RD ANNUAL GENERAL MEETING HELD ON MAY 27^TH, 2015
AT DAAGA AUDITORIUM UWI, ST. AUGUSTINE

 INTRODUCTION

Thank you Master of Ceremony for your kind words of introduction. Mr. Wendell Mottley, Chairman of the Unit Trust Corporation, fellow Directors of the Trust, Representative of the Auditor General, Specially invited guests, Members of my Executive Team, Management and Staff of the Corporation, Unitholders, Representatives of the print and electronic media, ladies and gentlemen. Read More

ADDRESS BY THE CHAIRMAN
WENDELL MOTTLEY ON THE OCCASION OF
THE TRINIDAD AND TOBAGO UNIT TRUST CORPORATION’S
33^RD ANNUAL GENERAL MEETING
HELD ON MAY 27^TH, 2015
AT DAAGAAUDITORIUM UWI,ST. AUGUSTINE

Thank you Master of Ceremony. Mr. Ian Chinapoo, Executive Director of the Unit Trust Corporation, fellow Directors of the Trust, Representative of the Auditor General, Specially invited guests, Members of my Executive Team, Management and Staff of the Corporation, Unitholders, Representatives of the print and electronic media, ladies and gentlemen. Read More

The question of whether or not to obtain professional financial advice may be lingering on the minds of many persons who have had to deal with the reality of a fixed salary, rising expenses and wading through the maze of savings and investment options available. Since proper and consistent financial planning is the key to dealing effectively with these realities, how can the services of a Financial Advisor help you? Read More