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Get to know maldives pension administration office (mpao)

Established under the Maldives Pension Act (Law no. 8/2009), the Maldives Pension Administration Office (MPAO) is an independent legal entity tasked with managing and administering the country's national pension schemes. Its primary responsibilities include the Maldives Retirement Pension Scheme (MRPS), a defined-contribution scheme funded by both employees and employers, and the state-funded Basic Pension (BP). The MPAO's mission is to operate a pension system that ensures a secure and dignified retirement for its members by prudently investing contributions and efficiently managing pension funds and disbursements.

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maldives pension administration office (mpao)

Maldives

Founded in

2009 (17 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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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.