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Pensions and Reward

Our market-leading pensions practice handles the full spectrum of pension matters in Uganda. We advise on benefit set-up, drafting of trust deeds and rules, registration of schemes, commercial matters and the restructuring, migration and liquidation of pension funds.

Experience has included advising:

  • Umeme, a publicly-traded entity on the establishment of a USD4 million retirement benefits scheme, including attending to the procurement of the fund manager, fund administrator, custodian, auditors and tax consultants. 
  • British American Tobacco, a publicly-traded entity, on the migration of its provident fund scheme from an in-house scheme to an umbrella fund.
  • Umeme on the structuring and implementation of a USD5 million employee share scheme as part of a secondary share offer.
  • A leading international insurer on the liquidation of its provident fund.
  • A leading downstream petroleum company on the dissolution of a defined benefits pension fund and the set-up of a defined contributions provident fund.
  • A leading microfinance institution on the restructuring of its retirement benefits scheme.
  • Band 1 – General Business Law (Chambers & Partners 2019)