insurance and pension news
Tuesday, April 23, 2024
Kindly leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) invested N56.59 billion in green bonds, which are focused on climate change related projects, Inspenonline reports. Green bonds are type of debt issued by public or private institutions to fund themselves. It works like regular bond with […]
Kindly leave a comment and share Pension fund assets soared to N15.45 trillion as at February 28, 2023, the National Pension Commission (PenCom) has posited. PenCom disclosed this in its unaudited report on pension funds industry for the period ended February 28, 2023, noting that the fund assets gained N182.94 […]
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has called on the public to be wary of illicit activities of Association of Pension Desk Practitioners of Nigeria (ASSOPEP). PenCom in a statement said it has particularly noted ASSOPEP’s claims of resolving pension issues and […]
Kindly leave a comment and share Chuks Udo Okonta Premium Pension Limited, one of the leading Pension Fund Administrators (PFAs) in the Country attainment of N1.000.41 trillion Asset Under Management (AUM) at the end of 2022 financial year despite increasing economic challenges and stiff competition in the industry, has delighted […]
Kindly leave a comment and share Chuks Udo Okonta At a time most workers are worried about their retirement, only 46 Retirement Savings Account (RSA) holders in state governments’ employment are leveraging Voluntary Contributions (VC) to plan, even as 46,911 of their counterparts in federal and private sector have saved […]
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) yesterday, granted approval to applications by 11 Retirement Savings Account (RSA) holders seeking to own houses through the pension residential mortgage scheme. Inspenonline gathered that PenCom received 18 applications from RSA holders, but seven of them […]
Kindly leave a comment and share Leadway Pensure PFA Limited, one of Nigeria’s foremost Pension Fund Administrator (PFA), has been named West Africa’s Most Outstanding PFA Brand of the Decade at the 2023 edition of the West Africa Brands Excellence Awards. The award organisers recognised the leading PFA for its […]
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said 84 per cent of Retirement Savings Account (RSA) registration in the fourth quarter 2022 are below 40 years, an addication that the younger generation are actively being enlisted into the Contributory Pension scheme (CPS). […]
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said it received 82 complaints relating to non-remittance of pension contributions in the fourth quarter of 2022. PenCom stated this in its fourth quarter 2022 report, adding that out of the number received, seven complaints were […]
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has through its Recovery Agents (RAs) stopped erring employers from robbing their workers of N24.15 billion pension contributions. PenCom said the amount has been recovered from defaulting employers since the commencement of the recovery exercise in […]
