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Originally published by Capital Business
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business
July 20, 2026
17h ago

Equity retirement assets rise above Sh900mn

Equity retirement assets rise above Sh900mn

The Individual Savings and Retirement Plan recorded the biggest growth, with assets under management increasing from Sh313 million at the end of 2024 to Sh518 million by December 2025...

✨ Key Highlights

Equity Life Assurance has seen its retirement schemes' combined assets surpass Sh900 million, highlighting a growing trend in Kenya of individuals prioritizing retirement savings.

  • The Individual Savings and Retirement Plan saw assets surge from Sh313 million (end of 2024) to Sh796 million (June 30, 2026).
  • Key figures include Equity Group CEO Dr James Mwangi and Equity Life Assurance Managing Director Angela Okinda, who noted increased confidence in their retirement products.
  • Favorable economic conditions contributed to schemes delivering returns above the industry average, with the Individual Savings and Retirement Plan achieving 13.6 percent net return in 2025.

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