The Jubilee Umbrella scheme allows multiple, related and unrelated employers to participate in a single pension scheme. They are popular among organisations due to their cost-effective and “hands free” nature. Jubilee Life Insurance is the Sponsor of the scheme and has appointed a Coporate Trustee who oversees overall management and governance of the scheme.

Why join the Jubilee Umbrella Scheme?

  • It eases compliance and scheme set-up costs as it is already registered with the RBA and KRA.
  • The burden of administration is borne by Jubilee Life Insurance Limited.
  • Less procedures and paperwork are required.
  • Upon signing up, employers execute a deed of adherence to scheme rules defining contribution rates, eligibility, retirement ages etc. ensuring compliance simple and well defined.

Key Benefits

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