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About Individual Pension Plan (IPP)
The GenAfrica Individual Pension Plan offers a reliable retirement savings solution designed to grow your money while giving you long-term peace of mind.
The Individual Pension Plan (IPP) is a personal retirement savings solution designed for individuals who want to build long-term financial security. It offers a structured, flexible way to save for retirement while benefiting from professional fund management and steady growth over time.
Hifadhi Individual Pension Plan (IPP) is a voluntary retirements savings plan designed to help individuals save consistently for a secure and dignified retirement. Whether you’re self employed, in informal employment, or simply looking to enhance your existing retirement benefits, Hifadhi offers a flexible, tax efficient solution tailored to your needs.
The GenAfrica Hifadhi Individual Pension Plan is regulated by the Retirements Benefit Authority (RBA).
Flexible Contributions
Save what you can, when you can – no fixed monthly amounts
Tailored for Individuals
Designed for freelancers, consultants, SME Owners, informal sector workers, and those without employer-sponsored pension plans.
Tax Benefits
Our plan is structured to provide you with tax benefits, offering a valuable advantage in your retirement savings.
Your savings are managed by GenAfrica’s experienced investment team to ensure optimal long-term growth.
Monitor your contributions, investment performance, and overall pension savings from the convenience of your computer or mobile device.
Key Benefits
We get to know the people who make the company work believe investing this way powers funds with a diverse of experienced
Plan your retirement savings and see how your contributions grow over time
Who Can Benefit?
Employed professionals
Self-employed individuals and entrepreneurs
Individuals without employer pension schemes
Small business owners
Anyone planning for long-term retirement security
The plan is available to individuals from 18 years of age.
Saving for retirement helps you:
Why Choose Individual Pension Plan
The Individual Pension Plan offers the following features designed to provide flexibility, affordability, and long-term security
No set-up fees
Open and maintain your Individual Pension Plan with no account set-up costs.
Free benefit transfers
Transfer benefits from other pension schemes to your IPP at no additional charge.
Minimum lock-in period
A minimum lock-in period of one (1) year applies, in accordance with pension regulations.
Minimum initial contribution
The minimum amount required to open an Individual Pension Plan is UGX 100,000.
Sign up easily with our digital application process.
Save at your own pace with flexible deposits.
Enjoy interest accumulation and the power of long-term investing.
Build a savings foundation that supports your retirement lifestyle goals.
No monthly maintenance charges/fees
Online portal availability for members to access their savings account information.
Freedom to make top-ups or deposits at any time without incurring charges.
Accumulation of interest on saved money, enhancing the overall savings amount.
Account holders are assured access to all GenAfrica free financial literacy training.
Robust annual investment returns attributed to strong investment performance.
Our Products and Services
We offer investment management services to a variety of investors including Pension Schemes, Shariah Compliant Schemes, Endowment Funds, Private Clients, Medical Schemes, Deposit Protection Funds, Offshore Clients and Trust Funds. In addition, we offer investment advisory for wealth and treasury management
