Company Information

Get to know Mazima Voluntary Individual Retirement Benefits Scheme

The Mazima Voluntary Individual Retirement Benefits Scheme is a financial product licensed by the Uganda Retirement Benefits Regulatory Authority (URBRA). It provides a platform for Ugandans, particularly those in the informal sector without access to traditional pension plans, to save for retirement at their own pace and convenience. The scheme is set up as a trust and is managed by a professional Corporate Trustee, Octagon Uganda Limited, with contributions being invested by a licensed fund manager to ensure growth over time.

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Financial Other Service

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Mazima Voluntary Individual Retirement Benefits Scheme

Uganda

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.