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What is Enwealth Personal Pension

The Enwealth Personal Pension Scheme is a retirement savings plan designed for self-employed individuals, chamas, SACCOs, and SMEs looking to secure the financial well-being of their valued employees during their retirement years.
The scheme has been Approved to receive NSSF Tier 2 Contributions

Governance of the Scheme

  • The scheme is established as a trust and as a separate legal entity by the founding company, Enwealth Financial Services Limited.
  • It is registered and regulated by the retirement benefits Authority (RBA) and the Kenya Revenue Authority (KRA) for tax exemption benefits.
  • The scheme assets are held by the appointed custodian in a nominee account and separated from the assets of the Custodian and the founding company enhancing the security of your retirement nest egg.
  • The scheme has an appointed Corporate Trustee who is independent from Enwealth Financial Services Ltd and watches over the operations of the scheme on behalf of the members.

Why Save With Enwealth Personal Pension Scheme

  • No set up cost
  • Tax relief on contributions up to a maximum of Kes. 240,000.00 per annum
  • Tax relief on investment income from contributions of up to Kes. 240,000 per annum
  • Consolidation of your retirement savings at no cost
  • Prudent investment of your savings in compliance with RBA investment guidelines
  • Freedom to choose investment arrangement of choice
  • No charges on access or termination of membership with the Scheme
  • Ease of remitting contributions through MPESA
  • Enjoy periodic updates on your savings and changes in regulations.
  • Obtain expert advice on your retirement planning.
  • Enrolled for a Life cover as an additional Benefits

How it Works

Contributions into the fund is flexible with a minimum of Ksh. 1,000/-


Frequently Asked Questions

How do I join?

Complete a one pager application form and attach a copy of your national identity card plus passport size photographs. You may email signed copies and identification documents to

A deed of adherence and membership certificate shall then be issued to you by Enwealth Team.

How do I pay contributions?

You can pay your contributions by Mpesa (Paybill number 771077, use your identity number as account number), Cheque in favor of Enwealth Personal Pension Scheme, Salary-stop order or bankers standing order. You can either pay monthly, quarterly, semi-annually or annualy.

Contribution remittances history can be viewed through Enwealth online portal or Enwealth Mobile Application.

How safe are my retirement benefits?

  • Scheme is registered and regulated by the Retirement Benefits Authority
  • It is established as a trust and is a separate legal entity from the founding company
  • The scheme assets are held by the appointed custodian in a nominees account and separated from the assets of the founding company
  • Corporate Trustee who is independent and watches over the operations of the scheme on behalf of members

Where are the funds invested?

Scheme funds are invested in accordance to the requirements of the Retirement Benefits Act and the scheme investment policy statement with the objective of achieving long term returns within acceptable risk levels.

What are the benefits of joining Enwealth Personal Pension Scheme?

  • Income Tax relief on contributions upto Kshs 20,000 per month.
  • Exemption of payment of capital gains tax on investment returns.
  • Part of your pension benefits may be paid as tax-free cash lumpsum.
  • You can transfer-in your benefits from other schemes at no cost.
  • Excellent customer service from Enwealth team.
  • Last expense and Group Life benefits as value add.

How do I transfer benefits from my former employer to Enwealth Personal Pension Scheme?

You are required to officially write to your former Employer’s pension scheme Trustees authorizing the transfer. Our team would be glad to email you sample transfer letter. Kindly contact us on

How do I make contributions to my account?

Bank Transfer

Stanbic Bank

Account Name CNSL A/C Enwealth Personal Pension Scheme
Bank Name Stanbic Bank Ltd
Branch Chiromo
Account Number 0100001920728
Customer No. 1072976

Bank of Africa

Account Name Enwealth Personal Pension Scheme
Bank Name Bank of Africa (K) Ltd
Branch Bank of Africa (Head Office Branch)
Account Number 00001590006

M-Pesa Patbill Number (771077)

Go to your Safaricom Menu>>Lipa na Mpesa Menu >>Indicate
the Paybill number (771077) >>Account Number (Indicate your
National ID Number)>>Enter Amount Press >>Ok.