Pension
Retiree laments over N3,804 monthly pension benefits amid economic maladies
Kindly leave a comment and share Chuks Udo Okonta A retiree, Peter Oladipo, has cried out over his inability to survive prevailing economic situation with paltry N3,804 monthly pension benefits. Oladipo, who retired from the private sector in year 2021, told Inspenonline that he feels very sad whenever he gets […]
Pension operators reflate real sector with N1.59tn investments
Kindly leave a comment and share Chuks Udo Okonta Pension Fund Managers (PFM) have invested N1.59 trillion in money market instruments which would have been accessed as facilities by operators in the real sector to boost their businesses. The real sector, is one of the major components of the Nigerian […]
When to update retirement plan
Retirement Clues Topic: When to update retirement plan Kindly subscribe; watch; comment and share with others. Every good thing requires constant update, that is why companies invest heavily in research and development to come up with improved version of their products. To retire comfortably, you should constantly update your retirement […]
Stanbic IBTC Pension Managers unveils FUZE Talent Show 2.0: Cultivating creative excellence in Nigerian youths
Kindly leave a comment and share Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has unveiled the highly anticipated second season of its transformative initiative – FUZE Talent Show. Building on the success of the inaugural season, FUZE Talent Show 2.0 is set to ignite the talents and […]
Pension fund assets soar to N17.07tn
Kindly leave a comment and share Chuks Udo Okonta Pension Fund assets has continued to gain traction as it stood at N17.07 trillion as at July 31, 2023, Inspenonline can report. The National Pension Commission (PenCom) in its unaudited report on pension funds industry portfolio for the period ended July […]
PenCom kicks against use of touts, agents for obtaining pension clearance certificates
* 4,487 pension clearance certificates issued in Q1 2023 Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said it is illegal for employers and companies to use touts and agents to obtain the pension clearance certificates (PCC). A statement issued by PenCom today, […]
Milestones put in place by National Pension Commission towards full implementation of contributory pension scheme
By Ivor Takor mni Esq In Nigeria, the first public sector pension scheme was the Pension Ordinance of 1951, with retrospective effect from 1st January, 1946. The law provided public servants with both pension and gratuity. Pension Decrees 102 and 103 (1979) were enacted for public service and military respectively, […]
Access Pensions surpasses N1tn assets under management milestone
Kindly leave a comment and share Chuks Udo Okonta Access Pensions Limited, a subsidiary of Access Corporation, has achieved an astonishing feat, surpassing the N1 trillion mark in assets under management (AUM). In an impressive trajectory, the Company – which emerged from the business combination of Sigma Pensions and First […]
How you can earn retirement benefits payments from both annuity and programmed withdrawal
Kindly leave a comment and share Chuks Udo Okonta Many workers at the point of retirement get trapped in dilemma of choosing either annuity or programmed withdrawal as best monthly benefits payments. But recent events in the country have shown that both have limitations. Owing to the emerging limitations occasioned […]