Company Information

Get to know Pensions and Insurance Authority (PIA)

Established under the Pension Scheme Regulation Act No. 28 of 1996, the Pensions and Insurance Authority (PIA) is the statutory body responsible for regulating and supervising the pensions and insurance market in Zambia. Its primary mission is to protect the interests of pension scheme members and insurance policyholders by ensuring the industry operates in a fair, safe, and stable manner. The PIA's mandate includes licensing entities, setting standards, conducting inspections, and fostering the overall growth, development, and stability of the sectors it oversees.

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Pensions and Insurance Authority (PIA)

Zambia

Founded in

2005 (21 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

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.