Over N9.33trn pension fund assets adequately secured – PenOp

From left: Executive Secretary, Pension Fund Operators Association of Nigeria, Susan Oranye; Head, Technical Committee, Dapo Akisanya (AxaMansard Pensions); Vice President, Akeeb Akinola (Shell CPFA); President, Mrs. Aderonke Adedeji (Leadway Pensure); Treasurer, Bayo Yusuf (UBA PFC) and Head, Branding Committee, Wale Odutola (ARM Pensions) at the event. Leave a comment and share Chuks Udo Okonta […]

Over N940bn pension fund assets invested in banks

Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta Pension Fund Operators (PFO) have invested over N940 billion pension fund assets in banks in the country, Inspenonline can report. According to data obtained from the National Pension Commission (PenCom), the operators had as at June 30, 2019, invested N940.68 billion out of the […]

Pension assets increased by N21bn in second quarter 2019

Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta Pension contributors injected N21 billion into the pension fund assets in the second quarter of this year, Inspenonline can report. The National Pension Commission (PenCom) revealed this in its monthly report on summary of pension fund assets and Retirement Saving Account (RSA) registration published […]

Police retirees decry delay in payments of accrued pension rights

Leave a comment and share Police retirees under the Contributory Pension Scheme (CPS) are groaning over the undue delay in the remittance of their accrued rights which they say have been in arrears of one year. This is as the retirees are complaining of low monthly pensions paid to them by the Nigeria Police Force […]

Stakeholders to brainstorm on financial inclusion in insurance, pension

Ahmad Leave a comment and share Chuks Udo Okonta As Nigeria seeks to drive financial inclusion with the target of achieving 80 per cent penetration by 2020, stakeholders in the financial service sector will converge soon to discuss implementation framework through micro insurance and pensions. The stakeholders, who will converge at the 4th edition of […]

PFAs underscore importance of ongoing data recapturing

From left: Executive Secretary, Pension Fund Operators Association of Nigeria, Susan Oranye; Head, Technical Committee, Dapo Akisanya (AxaMansard Pensions); Vice President, Akeeb Akinola (Shell CPFA); President, Mrs. Aderonke Adedeji (Leadway Pensure); Treasurer, Bayo Yusuf (UBA PFC) and Head, Branding Committee, Wale Odutola (ARM Pensions) at the event. Leave a comment and share Chuks Udo Okonta […]

Lagos State pays N1.13bn to 311 retirees

Governor Sanwo Olu Leave a comment and share Chuks Udo Okonta The Lagos State Government under the leadership of His Excellency Governor Babajide Sanwo Olu, has presented Retirement Benefit Bond Certificates worth one Billion, One Hundred and Thirty-Two Million, One Hundred and Thirty-Six Thousand, Seven Hundred and Fifty-one naira, and Eighty Nine kobo (N1,132,136,751.89) to […]

How to register as micro pension plan, diaspora contributor – PenCom

Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has outlined what Pension Fund Administrators (PFAs) shall obtain as parts of documentation for the Retirement Saving Account (RSA) registration of Micro Pension Plan (MPP) and Cross border contributors. PenCom in its recently released revised guidelines for retirement saving […]

Data recapturing to protect pension contributors, retirees against cybercrime – Etaduovie

Etaduovie The ongoing data recapturing exercise of pension Contributors and retirees by the Pension Fund Administrators( PFAs) nationwide is meant to protect pension clients against cybercrime and other fraudulent intents and activities, Managing Director/CEO, IEI-Anchor Pension Managers Limited, Glory Etaduovie, has said. He disclosed this in a position paper on ‘National Data Base Harmonisation and […]

PenCom deploys ECRS to pave way for takeoff of transfer window

Acting Director-General, PenCom, Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said it has designed, developed and deployed an Enhanced Contributor Registration System (ECRS), an electronic platform for the submission of requests by Pension Fund Administrators (PFAs) for the registration of contributors and issuance of Personal Identification […]
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