The Pensions and Insurance Authority is the regulatory and supervisory authority for the pensions and insurance industry in Zambia. The Authority was established under the Pension Scheme Regulation Act no. 28 of 1996 and the Insurance Act No. 27 of 1997 . Prior to the enactment of the Act No. 27 of 2005, PIA existed as Office of the Registrar of Pensions and Insurance under the Ministry of Finance and National Planning.
Mission Statement “To regulate the conduct of pensions and insurance industry through prudential supervision in order to protect the interest of pension scheme members and insurance policyholders and to foster the industry’s growth, development and stability.”
Vision “To be a leading supervisory and regulatory authority in the financial sector.” Goal Statement To attain internationally acceptable supervisory and regulatory standards and good corporate governance practices in pensions and insurance.”