What is the GenAfrica Individual Pension Plan (IPP)?
The GenAfrica Individual Pension Plan (IPP) serves as a retirement planning solution designed for employed individuals, self-employed individuals, and small business owners seeking a reliable and secure method to prepare for their retirement.
When Can You Start?
Initiate your IPP at any stage of your life after reaching 18 years of age. Starting earlier provides more time for your investments to grow. However, our IPP is also designed to offer benefits and flexibility for individuals who start later in their careers.
Who Can Benefit from GenAfrica's IPP?
Whether you are a young professional starting your career or nearing retirement, our IPP is customized to meet your specific needs. It is never too early or too late to begin securing your financial future.
Key Features of GenAfrica Individual Pension Plan
Benefits
- No monthly maintenance charges/fees
- Availability of an online portal 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 overall savings
- Account holders guaranteed access to all GenAfrica free financial literacy trainings
- Strong annual investment returns attributed to robust investment performance
Key Features
- No set-up fees
- The minimum initial contribution is UGX 100,000
- Benefit transfers from other schemes are free of charge
- A minimum lock-in period of 1 year applies
Our Products And Services
Pension Fund
We understand the critical importance of securing financial futures, and our team is committed to delivering expert solutions tailored to the unique needs of pension funds
Milele Income Draw
The Milele Income Drawdown Fund aims to provide retirees with financial freedom, flexibility, and security during their retirement years
Property Investment Advisory
With a wealth of experience managing both client and non-client property portfolios, GenAfrica stands out as a trusted partner for your property investment endeavors
Unit Trust
With over 25 years of expertise in the investment management industry, we stand ready to guide you through every phase of your investment journey.
Wealth Management
What makes our wealth management offering truly exceptional is our commitment to developing a comprehensive wealth planning strategy tailored to your financial objectives.
Kivuli Umbrella Fund
The Kivuli Umbrella Fund revolutionizes retirement benefits by consolidating the retirement investments of various employers into a single, cost-efficient corporate scheme
Hifadhi Individual Pension Plan
Your peace of mind is our priority. Hifadhi operates in full compliance with regulatory standards, ensuring the security and integrity of your pension fund.
Batian Property Fund
As we strive to meet and exceed our income and development targets, your investment journey with us promises both stability and growth