It is developed for employees who in terms of the Pension Act 2023, cannot be on a pension scheme due to their terms of employment.
The employer pays a fixed percentage of the employee’s salary, which is then invested. The benefit becomes accessible to the member on expiry of his or her contract.
Lillian Moyo, PhD, MBA, BA, ACII
Managing Director
She is a seasoned executive with over 23 years of leadership experience in the financial services sector, spanning life insurance, pensions, micro-insurance, donor-funded programs, microfinance, and banking. In her current role as the Managing Director, she provides strategic direction for the life and pension services companies. She holds a Doctor of Business Administration from Exploits University, an MBA, and a Bachelor of Arts in Humanities from the University of Malawi. As a Chartered Insurer (ACII, UK), she has also undertaken advanced professional training in insurance, financial services, public relations, and micro-insurance. Her training includes programs with the Chartered Insurance Institute (UK), London Chamber of Commerce and Industry, and the ILO International Training Centre. She is recognized for her extensive expertise and contribution to the industry.
Lillian Moyo, PhD, MBA, BA, ACII
Managing Director
She is a seasoned executive with over 23 years of leadership experience in the financial services sector, spanning life insurance, pensions, micro-insurance, donor-funded programs, microfinance, and banking. In her current role as the Managing Director, she provides strategic direction for the life and pension services companies. She holds a Doctor of Business Administration from Exploits University, an MBA, and a Bachelor of Arts in Humanities from the University of Malawi. As a Chartered Insurer (ACII, UK), she has also undertaken advanced professional training in insurance, financial services, public relations, and micro-insurance. Her training includes programs with the Chartered Insurance Institute (UK), London Chamber of Commerce and Industry, and the ILO International Training Centre. She is recognized for her extensive expertise and contribution to the industry.