Pension funds remain one of the leading financial instruments that offer guaranteed income streams to employees during retirement. These funds have promoted a proactive saving culture among Kenya’s active workforce, enabling members to access accumulated savings upon retirement. Over the last decade, the number of members joining pension funds has tremendously increased, which has also…
Pension schemes in Kenya are vital financial instruments that safeguard the retirement benefits of millions of people. However, managing such schemes comes with significant responsibilities, requiring a high degree of accuracy, compliance, and oversight. This is where auditors step in, playing a pivotal role in ensuring the integrity and reliability of pension schemes. This is…
Financial Institutions are organizations that provide financial services to individuals, businesses, and governments. These institutions include Banks, micro-finances, insurance companies, pension schemes, unit trusts, asset management, cooperative societies, and digital credit providers. Anti-Money Laundering (AML) policies are significant and very critical for financial institutions in Kenya to develop and implement. Adherence to these policies is…
Ndakala Advisory LLP is a professional service firm offering quality, responsive, and invaluable advice in Audit, Tax, Legal and Advisory, with presence in Kenya and within Africa. Our team of over 50 professionals produces effective and timely solutions.