insurance and pension news
Monday, March 24, 2025
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Kindly leave a comment and share President Bola Tinubu has approved a N758 billion bond to settle long standing pension liabilities under the Contributory Pension Scheme (CPS) for federal workers across the country. The approval was made during the Federal Executive Council (FEC) meeting held on Tuesday, February 4, 2025, […]
Kindly leave a comment and share Chuks Udo Okonta The inability of Pension Fund Administrators (PFAs) to expand the Micro Pension Plan (MPP) six years after the launch, has engendered calls for the licensing of companies that should be fully focus on such operations. The Micro Pension Plan was launched […]
Kindly leave a comment and share Chuks Udo Okonta Premium Pension Limited is pleased to announce the appointment of Dr. Ibrahim Barhama Boyi as the Executive Director, Business Development North and Strategy, effective January 27, 2025. A statement by the firm’s Head, Corporate Strategy and Communications Anji Silas, said Dr. […]
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Union of Pensioners Contributory Pension Scheme sector (NUPCPS) has called on all retirees under the CPS to go for biometrics capturing that would facilitate a pension increments and other benefits from the government. In an announcement notice that is […]
