Longe How to ensure informal sector workers have a better life at old age remains a great concern for the leadership of the National Pension Commission (PenCom) and pension fund managers. Chuks Udo Okonta in this report, examines the plights and demands of workers and what the regulator and operators […]
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Insurance Premium Sets to Grow through Digital Marketing
Leave a comment and share Chuks Udo okonta In a bid to enhance penetration and grow the Insurance premium, the Corporate Affairs Committee of the Industry trade association Nigeria Insurers Association popularly known as CAMCONIA is set to engage in a professional interactive session at her monthly meeting holding on […]
Wapic Insurance recapitalises
Wapic Insurance has announced its compliance with the National Insurance Commission’s (NIC) recapitalisation requirement, with the injection of fresh funds which have raised its capital base to GH¢17.1 million, above the GH¢15 million minimum quota. The company said in a statement that the regulatory recapitalisation directive was in line with […]
Puerto Rico church strips teachers of pension amid crisis
By SAN JUAN After 36 years teaching English at a Roman Catholic school near Puerto Rico’s capital, Norma Cardoza planned to retire with a modest pension she trusted she would get from the Archdiocese of San Juan. Her faith was misplaced. Archdiocese officials in recent weeks informed Cardoza and several […]
Ford F-150 Gets Highest Rating in New Insurance Crash Tests
By dee-ann durbin, ap auto writer The 2016 Ford F-150 is the only full-size pickup truck to score the top rating in new front crash tests performed by the insurance industry. Rival pickups from Chevrolet, GMC, Ram and Toyota didn’t fare as well, according to results released Tuesday by the […]
New tech to wipe £14bn off UK car insurance premiums
£150m connected roads trial to go live next year. The technology and driver assistance systems will have a huge impact on insurance costs. Radar, WiFi roads and autonomous cars will be trialled in the UK by the end of 2017 as part of a £150million Government project. Unveiled by Highways […]
IPEC fights insurance fraud
Golden Sibanda Senior Business Reporter The Insurance and Pension Commission is working with the insurance firms to put tamper proof features on cover notes to deter fraud. This comes as a significant number of people have lost money and assets believing they were insured, yet they would have been issued […]
Photo: Faces at the official sign-off ceremony of the regulatory supervision collaboration agreement between PenCom and FMDG OTC Plc
PenCom gives states technical supports on accrued rights
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) is assisting states that have embraced the Contributory Pension Scheme (CPS) on how to manage challenges associated with accrued rights to ensure retirees get the right pension benefits, Inspen can report. Its Director-General Mrs Chinelo Anohu-Amazu, who […]
Niger State to Continue With Contributory Pension Scheme
The Niger State House of Assembly has refused to withdraw the state from Contributory Pension Scheme (CPS) despite clamour by organised labour in the state. The state house of assembly has also passed the 2016 budget presented before it by Governor Abubakar Sani Bello last December. The Assembly, which received […]
