JOHANNESBURG – South African Social Security Agency (SASSA) is tightening the screws and reviewing its policy regarding funeral policy deductions on child support grants. The social grants agency says its research has shown that such deductions may not be in the best interest of the child. SASSA says as from […]
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Obamacare Insurers Sweeten Plans With Free Doctor Visits
Health insurers in several big cities will take some pain out of doctor visits in 2016. The plans will offer free visits to primary care doctors in their networks. You read that right. Doctor visits without copays. Or coinsurance. And no expensive deductible to pay off first either. In Atlanta, […]
Happy New Year
The Management of Inspen Media wishes all our readers and supporters Happy New Year, and solicits your support towards achieving our goals of providing prompt and in-depth news and reports. Chuks Udo Okonta CEO
PFAs, insurers’ unhealthy competition puts retirees’ money at risk
Insurance companies and Pension Fund Administrators are engaged in an unhealthy competition to the detriment of retirees in their quest for a larger share of the growing pension funds, NIKE POPOOLA reports Crave for pension money The desire for a larger share of the growing pension funds is making the […]
Auwalu Muktari now Royal Exchange’s Acting Group Managing Director
PRESS RELEASE • Francis Okoli appointed Group Chief Financial Officer The Board of Directors of Royal Exchange Plc, Nigeria’s leading Insurance and Asset Management Group is pleased to announce the appointments of the following officers to direct affairs of the group. The appointments are: • Alhaji Auwalu Muktari, former Group […]
NAICOM is working to make insurers richer, better – Kari
Kari Leave a comment Chuks Udo Okonta The Commissioner for Insurance Mohammed Kari, says the National Insurance Commission (NAICOM) is working hard to make insurance institutions richer and better, but wondered why they are not taking advantage of the opportunities created by the commission. Kari, who disclosed in Lagos, said […]
Stakeholder wants President Buhari to use pension tackles corruption
President Buhari Leave a comment Chuks Udo Okonta President Muhammadu Buhari has been urged to use the enforcement of Contributory Pension Scheme (CPS) as tool to tackle corruption as people will shun illicit activities when they know their future is secured. A concerned stakeholder said this in Lagos, stressing that […]
How to boost prices of insurance stocks – Shareholder
Shareholders at an event Leave a comment Chuks Udo Okonta The Coordinator Independent Shareholders Association of Nigeria (ISAN) Sir Sunny Nwosu, says reducing the volume of insurance stocks as against the present huge volume in circulation would help push up the prices. He told Inspen in an interview that inadequate […]
States’ pension woes split democrats and union allies
A $1 trillion U.S. pension gap is dividing two longtime allies: Democrats and unions. Left-leaning politicians from Rhode Island to California are increasingly supporting more aggressive overhauls of government pension benefits despite opposition from labor officials, traditionally one of the Democratic Party’s biggest policy and electoral supporters. The erosion of […]
What will happen to pensions in 2016?
2015 has been a huge year for pension changes – but 2016 could also be packed with surprises This year has been one of huge changes to the pensions landscape. In April new freedoms were introduced that allow savers to spend their retirement funds how they like. Or at least […]
