insurance and pension news
Friday, April 26, 2024
Kindly leave a comment and share Chuks Udo Okonta A Pension Fund Administrator (PFA) that fails; neglects or refuses to enlighten a retiree on the features of Programmed Withdrawal (PW) and Retirement Life Annuity (RLA) to enable the retiree make an informed decision shall be liable for an administrative sanction […]
Kindly leave a comment and share Chuks Udo Okonta The public belief that Contributory Pension Scheme (CPS) lump sum paid to retirees is 25 per cent of their Retirement Savings Account (RSA) balance is not true. CPS lump sum is not determined by percentage, but achieved through a unique device […]
Kindly leave a comment and share Chuks Udo Okonta Premium Pension Limited, one of the Nigeria’s leading Pension Fund Administrators, has announced the deployment of the Premium Interactive Member Assistant (PRIMA) on WhatsApp, Telegram and various social media platforms to enhance interactions with customers. A statement by the firm’s Head, […]
Kindly leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) is to be scrapped and functions transferred to the Federal Ministry of Finance. This part of the decision reached by Nigerian Government during the Federal Executive Council (FEC) meeting held yesterday Monday in Abuja. The […]
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said analysis of the new registrations in Q3:2023 by age and gender showed that 50 per cent of new contributors are below 30 years of age and that out of a total of 94,633 registrations, about […]
Chairman of event Past President Chartered Insurance Institute of Nigeria (CIIN)/former Managing Director Sterling Assurance Limited, Fatai Lawal. Special Guests of Honours Commissioner for Insurance Sunday Thomas Director General National Pension Commission (PenCom) Mrs. Aisha Dahir-Umar Special Guests Past President Chartered Insurance Institute of Nigeria Sir. Muftau Oyegunle Chairman, Nigerian […]
Kindly leave a comment and share Experts from different fields of endeavour will be gathering at the maiden Inspenonline Retirement Summit to brainstorm on preventing tears and sorry post retirement, for individuals who have contributed to the development of the nation. The event which will hold on Thursday, April 25, […]
Kindly leave a comment and share Chuks Udo Okonta The Contributory Pension Scheme (CPS) has continued to gain traction as N3.37 trillion was injected in the fund assets in 2023. Data obtained from the National Pension Commission (PenCom) revealed that as at December 2022, the pension fund assets stood at […]
