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In the second phase, a detailed validation and piloting framework for prototyping the voluntary pension product concept will be conducted.

House and vehicle break-ins occur, including against expatriates.While there is a prevalence of strong community support, increases in urbanization and changes in social structures erode these support mechanisms over time.Similar to Fiji, the Solomon Islands National Provident Fund (SINPF) is the only fund available to collect compulsory contributions from employees and their employers to save for workers’ retirement.As the study was done in parallel in Fiji, PFIP will adopt a uniform approach during the validation phase to establish a clear evidence-base for interest in old age pensions by the informal sector, financial viability as well as build a business case for both the National Provident Funds in the region.About SINPF The Solomon Islands National Provident Fund (SINPF) is the country’s largest financial institution established in the year 1976 under the SINPF Act, 1973.

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