IPEC says projects must guarantee returns before accessing pension funds
The Insurance and Pensions Commission (IPEC) in Zimbabwe has announced that pension funds will only be invested in bankable projects that guarantee returns. This move aims to protect policyholders' savings while ensuring national development projects are financially sustainable.
Why it matters
This policy shift balances the need for national infrastructure investment with the fiduciary duty to protect individual retirement savings.
THE Insurance and Pensions Commission (IPEC) says it will only support bankable projects that can guarantee a return on investment, sending a clear message to policymakers and project developers seeking funding from the insurance and pensions industry.
Speaking to delegates at the 2026 Zimbabwe Economic Development Conference in Bulawayo, IPEC Commissioner Dr Grace Muradzikwa said the insurance and pensions industry had limited fresh funds available for investment and would therefore prioritise projects offering strong value for money and proven bankability.
Muradzikwa said while the government viewed insurance and pension funds as a source of long-term capital for national development, the industry had a responsibility to protect the interests of policyholders and pension scheme members.
“We cannot afford just to give prescribed asset status to any project,” she insisted.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in