Kindly leave a comment and share Chuks Udo Okonta Leadway Pensure, a leading Pension Fund Administrator (PFA) in Nigeria, has reiterated its commitment to securing the financial future of Nigerians by highlighting the benefits of Additional Voluntary Contributions (AVC). This was emphasised during an interactive webinar hosted by the company, […]
Pension
PenCom sets June 1, 2025 as deadline for employers to adopt new remittance process
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has officially launched its new Pension Contribution Remittance System, a platform designed to optimise the process of remitting pension contributions into employees’ Retirement Savings Accounts (RSAs) and has set June 1, 2025 as the deadline for […]
Premium Pension grows Assets under Management to N1.34tn, pays N2.20 dividend
Kindly leave a comment and share Chuks Udo Okonta Premium Pension Limited, a leading Pension Fund Administrator (PFA) in Nigeria, marked a major milestone as it held its 20th Annual General Meeting (AGM) at the One Trillion Suite of its Head Office Complex. The event, attended by distinguished shareholders, esteemed […]
PenCom charges Akwa Ibom, Borno, Kwara, Plateau, Cross River, Yobe to commence implementation of CPS
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has called on all states and local governments to implement the Contributory Pension Scheme (CPS) for a pension-secure Nigeria. The Pension Reform Act (PRA) 2014, in Section 2(1), stipulates that the CPS applies to all public […]
Approval of Benefits to holders of retirement savings accounts by licensed pension fund operators
Kindly leave a comment and share Ivo Takor The National Pension Commission (PenCom) has announced a significant shift in the process of approving and disbursing benefits to holders of Retirement Savings Accounts (RSAs) under the Contributory Pension Scheme (CPS). This move aims to streamline operations, enhance service delivery, and empower […]
PenCom eradicates delays in payment of pension benefits to RSA holders
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has eradicated the unnecessary delays that had hitherto clogged easy payment of pension benefits by Pension Fund Administrators (PFAs) and Life Insurance Companies to Retirement Savings Account (RSA) holders. The pension sector regulator in a circular […]
Stanbic IBTC Pension Managers revitalises Government Day Secondary School in Akampka, Cross River State
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Pension Managers, a Pension Fund Administrator in Nigeria, is pleased to announce the successful completion of its renovation initiative at the Government Day Secondary School in Akampka – a crucial step in addressing the numerous challenges faced by this […]
Yobe State Government to clear pension arrears, canvasses robust pre-retirement training for workers
Kindly leave a comment and share Chuks Udo Okonta Governor Mai Mala Buni of Yobe State has reaffirmed his administration’s commitment to implement the Contributory Pension Scheme (CPS) in Yobe State. Governor Buni stated this during a meeting with the Director General of the National Pension Commission (PenCom), Ms. Omolola […]
Hope rises for low-income retirees, as FG injects N107bn into pension protection fund
Kindly leave a comment and share Chuks Udo Okonta with agency report The Federal Government has allocated N107 billion to the Pension Protection Fund (PPF) in a bid to safeguard the financial security of low-income retirees under the Contributory Pension Scheme (CPS), the National Pension Commission (PenCom) has said. The […]
Stanbic IBTC Pension Managers unveils innovative self-service options to enhance client experience
Kindly leave a comment and share Chuks Udo Okonta In a significant move to streamline pension management and enhance customer experience, Stanbic IBTC Pension Managers, a prominent Pension Fund Administration firm, has announced the relaunch of its comprehensive suite of self-service options through an informative webinar session recently conducted. This […]