insurance and pension news
Sunday, December 10, 2023
SIR: We, the aggrieved pensioners of Union Bank of Nigeria Plc nationwide (pensioners from 2006 to 2014) have been maltreated, pauperized, traumatized, tortured, tormented and completely dehumanized by the recalcitrant posture of Union Bank and PENCOM. Some have been sent to their early graves. For almost four years, Union Bank […]
Saving for retirement is important but how you go about it is a challenge. There are so many products and it’s not so easy to decide between them. In this article, I will be looking at three of the products that you can use to save for your retirement namely […]
Hot money may be flowing out of China’s markets amid a persistent economic slowdown, but slower-moving institutional money is taking a longer view. “China is absolutely critical in anyone’s portfolio,” Adrian Orr, chief executive of the New Zealand Superannuation Fund, a pension fund with around $29.5 billion in assets, told […]
Leave a comment Chuks Udo Okonta Retirement Savings Account (RSA) holders who believed the proposed mortgage finance by the National Pension Commission (PenCom) is a panacea to their quest for befitting homes, should be ready for surprises as an operator has said that just having a contribution is not a […]
Fears have been raised that employers are slashing the amount they pay into workers’ pensions in an attempt to save money, after official figures revealed a near-50% collapse in contribution rates in 12 months. The Guardian reported that the average amount being paid into private-sector defined contribution (also known as […]
Leave a comment Chuks Udo Okonta Do you know that you are responsible for your pension? This is a fact many employees do not consider as they strive daily to eke a living. The Pension Reform Act 2014 has placed the future of workers in their hands by empowering them […]
Prosecutors on Wednesday painted a former high-ranking Detroit cop convicted in a Kwame Kilpatrick-era corruption scandal as a greedy liar and remorseless, entitled bribe-taker who should spend at least eight years in prison. In a blistering filing, federal prosecutors made the request two days after Paul Stewart’s co-defendant, ex-Detroit Treasurer […]
Chuks Udo Okonta About N26.63 billion is contributed monthly by Retirement Saving Account (RSA), the National Pension Commission (PenCom) has said. The commission said in a report that the average monthly contributions by the private and public sectors were N17.46 billion and N9.17 billion respectively during the first quarter in […]
PENOP CHAIRMAN, MISBAHU YOLA AND EXECUTIVE SECRETARY MS SUSAN ORANYE AT THE EVENT The Nation By: Nduka Chiejina About N3.25 trillion out of the almost N5trillion of the Pension Funds so far collected have been invested in Federal Government securities, the managers of the fund, have said. The Chairman, Pension […]
PENOP CHAIRMAN, MISBAHU YOLA (3RD LEFT) ADDRESSING MEMBERS OF PRESS AT MEDIA BRIEFING IN ABUJA
