New List Of Registered Individual Pension Plans (IPP) In Kenya

Planning for retirement is one of the most important financial steps you can take in life. Individual Pension Plans (IPP), also called Individual Retirement Benefits Schemes, help you save money for your future. These plans allow you to make personal contributions, enjoy tax benefits, and choose from different investment options. Unlike employer pension schemes, IPPs are designed to give individuals more control over their retirement savings. In this guide, we will look at all registered individual pension plans in Kenya. Registered Individual Pension Plans (IPP) in Kenya provide a safe and flexible way to save for retirement. With many licensed providers to choose from, you can select one that suits your needs and financial goals. [Photo]

Understanding Registered Individual Pension Plans (IPP) In Kenya

Registered Individual Pension Plans (IPP) in Kenya are personal retirement savings accounts regulated by the Retirement Benefits Authority (RBA). The RBA ensures that pension providers comply with the law and protect members’ savings. An IPP allows you to:

• Save regularly towards retirement.
• Get tax relief on contributions up to a certain limit.
• Choose between pension and provident fund options.
• Access flexible withdrawal terms at retirement.

These plans are suitable for employed, self-employed, and informal sector workers who want to secure their financial future.

List Of Registered Individual Pension Plans In Kenya

Below is the full list of licensed and registered IPPs in Kenya as provided by the Retirement Benefits Authority.

No	Registered Individual Pension Plan
1	ABSA Individual Pension Fund
2	Amana Personal Pension Plan
3	APA Life Assurance Limited Individual Retirement Benefits Scheme
4	Benefits At Work Personal Pension Scheme
5	Blue MSMEs Jua Kali Individual Retirement Benefits Scheme (Mbao Pension Plan)
6	Britam Individual Pension Plan
7	Britam Individual Provident Fund
8	Chancery Personal Pension Plan
9	CIC Jipange Personal Pension Plan
10	CPF Individual Pension Scheme
11	Cytonn Personal Retirement Benefits Scheme
12	Dry Associates Personal Provident Plan
13	Enwealth Diaspora and Expatriates Retirement Fund
14	Enwealth Personal Pension Scheme
15	Equity Individual Savings and Retirement Plan
16	Fahari Retirement Plan
17	GA Life Personal Pension Plan
18	GA Life Personal Provident Plan
19	Geminia Personal Pension Plan
20	Genafrica Hifadhi Personal Pension Scheme
21	Genafrica Hifadhi Personal Provident Scheme
22	Gencap Individual Pension Plan
23	ICEA Lion Individual Retirement Benefits Scheme
24	Jistawishe Personal Pension Plan
25	Jubilee Insurance Personal Pension Plan
26	Jubilee Life Personal Provident Fund
27	Kenbright Individual Provident Fund
28	Kenindia Assurance Personal Pension Plan
29	Kenya National Entrepreneurs Saving Trust
30	Kenya Orient Individual Pension Plan
31	Kilele Personal Retirement Benefits Scheme
32	KUSCCO Mutual Individual Retirement Benefits Scheme
33	KUZA Individual Pension Plan
34	Liberty Life Boresha Maisha Individual Pension Plan
35	Liberty Life Boresha Maisha Individual Provident Plan
36	Madison Insurance Personal Pension Plan
37	Mafao Fund
38	Mayfair Individual Pension Plan
39	Mercantile Personal Provident Fund Scheme
40	Minet Individual Pension Plan
41	Mwanariadha Pension Plan
42	Mwavuli Individual Pension Plan
43	NCBA Investment Bank Individual Pension Plan
44	NTISL Personal Pension Plan
45	Octagon Personal Pension Scheme
46	Old Mutual Individual Retirement Benefits Scheme
47	Prudential Individual Retirement Benefits Scheme
48	Qijito Personal Pension Plan
49	Sanlam Life Personal Pension Plan
50	Sportpesa Staff Pension Scheme
51	Heritage AII Individual Retirement Benefits Scheme
52	Kenya Alliance New Life Individual Retirement Benefits Scheme
53	Monarch Personal Pension Plan
54	UAP Life Assurance Individual Retirement Benefits Plan
55	Ustawi Personal Pension Plan
56	Wakili Personal Retirement Benefits Scheme
57	Zamara Vuna Pension Plan
58	Zimele Guaranteed Personal Pension Plan
59	Zimele Personal Pension Plan

Benefits Of Joining Registered Individual Pension Plans In Kenya

Tax advantages

Members enjoy tax relief on contributions up to a limit set by the government. This reduces the overall tax burden while growing retirement savings.

Flexible contributions

You can contribute any amount based on your income and financial goals. This makes IPPs suitable for both formal and informal workers.

Wide investment choices

IPPs offer diversified investment options such as equities, bonds, and fixed income securities, allowing savers to grow wealth over time.

Retirement Benefits Authority Contact Information

If you want to learn more or confirm the status of a pension plan, you can reach the Retirement Benefits Authority through: Address: Rahimtulla Tower, 13th Floor, Upper Hill Road, Opposite UK High Commission Phone: 020 280 9000 / Toll-Free: 0800720300 (Safaricom)

Bottom-Line

Registered Individual Pension Plans (IPP) in Kenya provide a safe and flexible way to save for retirement. With many licensed providers to choose from, you can select one that suits your needs and financial goals. Always ensure that the plan you join is approved by the Retirement Benefits Authority to protect your money and secure your retirement future.