Nairobi, Aug. 19 -- Small schemes are increasingly turning to guaranteed pension funds to shield members' savings from market volatility and secure predictable returns, driving assets in the products to Sh597.1 billion by June 2026.

Data from the Retirement Benefits Authority (RBA) shows that assets held in guaranteed funds rose by 14.3 percent during the first half of the year to Sh597.1 billion from Sh522.4 billion in December 2025.

The growth has lifted guaranteed funds' share of the pension industry's Sh3.09 trillion assets under management to 19.35 percent, up from 18.59 percent six months earlier.

A guaranteed fund is an insurance-based investment product that puts money in assets such as equities, bonds and index funds while pro...