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Pension

PTAD to manage DBS pensioners up to next 40 years

Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) has said it would take about 35 to 40 years before the last pensioner under the Defined Benefit Scheme (DBS) passes on. PTAD stated this in a document obtained by Inspenonline, adding that it is highly […]

Pension

Pension fund assets soar to N13.61tn in January 2022

Leave a comment and share Chuks Udo Okonta The pension fund assets had paccelerated to N13.61 trillion as at January 31, 2022, the National Pension Commission (PenCom) has said. PenCom stated this in an unaudited report on pension funds industry portfolio for the period ended January 31, 2022, published on […]

Insurance

NAICOM to sanction firms not uploading documents on portal

Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has expressed misgivings over some insurance companies failure to upload their documents on its regulatory portal, vowing to sanction them. The Commissioner for Insurance Sunday Thomas, said this at an event in Lagos, stressing that though the […]

Insurance

NCRIB President harps on measures to stem building collapse

Leave a comment and share Chuks Udo Okonta The President, Nigerian Council of Registered Insurance Brokers, Rotimi Edu, has lent his voice to the topic of disastrous building collapse in Nigeria. The NCRIB President made his views known in a lecture, titled, “Insurance for Architect and Professionals”, during the February […]