Regulator goes digital with mobile app

RBA Chief Executive Officer Nzomo Mutuku.

You can now track your pension savings on your mobile phone. This has been made possible by the launch of a new mobile application by the Retirement Benefits Authority (RBA).

Dubbed RBA Mobile, the app also allows members of the public to report any issues relating to retirement benefits schemes, bordering on violation of financial regulations, mismanagement of pension funds or assets, corruption and any other malpractices.

RBA said the app would also help improve scheme governance and stem unethical behaviour while simplifying interaction between scheme members and the regulator.

“The new app will complement other authority’s digital platforms, including the portal, website, social media outlets and the toll-free line, all aimed at meeting the ever-changing needs and demands of our stakeholders,” said Chief Executive Nzomo Mutuku.