youSave

Empowering Solomon Islanders to Save for Their Future

The Informal Sector Section – Employer Member Services plays a vital role in expanding financial inclusion and retirement savings opportunities for Solomon Islanders working outside the formal employment sector.

Led by the Assistant Manager – Informal Sector and based at the Anthony Saru Building, the Section is committed to helping self-employed individuals, market vendors, small business operators, casual workers, farmers, fishers, artisans, transport operators, and seasonal workers build greater financial security through accessible, flexible, and innovative savings solutions.

Through youSave, digital financial services, innovative financial products, strategic partnerships, financial literacy, and community outreach, the Section continues to extend SINPF services to Solomon Islanders who may not have access to traditional employment-based retirement savings arrangements.

Our Services

1.youSave Savings Scheme Management

The Section administers, promotes, and supports youSave, SINPF's voluntary micro-savings scheme designed primarily for people working in the informal sector.

youSave provides individuals with an opportunity to make regular savings towards their future while allowing flexibility to accommodate different income levels and circumstances.

Key responsibilities include:

• Promoting the benefits of long-term savings and retirement planning.
• Registering new youSave members throughout Solomon Islands.
• Supporting members with account enquiries and account maintenance.
• Processing member contribution transactions.
• Assisting eligible members with withdrawal applications.
• Providing financial literacy and savings education.
• Helping members understand the features, benefits, and requirements of the youSave scheme.

1. Innovative Financial Products & Digital Solutions

The Informal Sector Section – Employer Member Services is committed to transforming the way Solomon Islanders access and use financial services.

Through strategic partnerships, technology, digital platforms, and innovative financial products, the Section is developing solutions that go beyond traditional retirement savings to help members save, access financial services, manage risks, and build financial resilience.

Key initiatives include M-SELEN E-Wallet Integration, TrigaCash Climate Risk Insurance, and Digital Nano Loans for youSave Members.

M-SELEN E-Wallet Integration

The Section has partnered with M-SELEN to make it easier and more convenient for youSave members to access savings services through their mobile phones.

The integration provides members with a convenient digital channel for making youSave contributions and engaging with their savings without always needing to visit an SINPF office.

Key benefits include:

• Convenient mobile-based access to savings.
• Easier and more accessible youSave contributions.
• Reduced need for members to travel to SINPF offices.
• Greater access to financial services for people in remote and underserved communities.
• Increased opportunities for regular and consistent saving.
• Supporting the broader digitalisation of SINPF services.

The M-SELEN integration is an important step towards making retirement savings more accessible, convenient, and inclusive for Solomon Islanders.