Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Pension Managers Limited said its attention has been drawn to publications by some unguarded sections of the media wherein certain unfounded, incorrect and defamatory assertions are being peddled about it. It noted that the alleged falsehoods stated that Stanbic […]
Pension
Unhealthy competition pushes RSA transferred fund to N420.28bn
Kindly leave a comment and share Chuks Udo Okonta The quest by Pension Fund Administrators (PFAs) to get existing Retirement Savings Account (RSA) holders as against prospecting fresh contributors has pushed transferred pension fund to N420.28 billion. Inspenonline gathered that the quest now forces RSA holders to transfer their funds […]
PenCom clears 181 employers for Fed Govt business
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) as at January 13, 2023, has issued certificate of compliance to 181 employers to enable them transact business with the federal government. PenCom stated this in a document entitled: Schedule of Employers Issued with Certificate of […]
FG releases N13.89bn for payment of CPS 2022 retirees
Kindly leave a comment and share Chuks Udo Okonta The Federal Government has released N13.89 billion for payment of accrued pension rights for Contributory Pension Scheme (CPS) retirees who retired in the year 2022, National Pension Commission (PenCom) has said. PenCom noted that the release for for retirees under treasury-funded […]
Issues in pension enhancement vis-à-vis pension review and constitutional provision by Ivo Takor
Kindly leave a comment and share The National Pension Commission (PenCom) on 20 December, 2022 announced pension enhancement for retirees on programmed withdrawal under the Contributory Pension Scheme (CPS), who have accumulated significant growth in their Retirement Savings Accounts (RSAs) with effect from February 2023. The current enhancement will be […]
Premium Pension hits N1tn assets under management
Kindly leave a comment and share Chuks Udo Okonta Premium Pension Limited, one of the first seven Pension Fund Administrators (PFAs) to be licensed in December 2005 has attained a position of over N1 trillion in Assets under Management (AUM). A statement by the firm’s Head, Corporate Communications, Aliyu Mohammed […]
Dr. Tonia Smart: One death too many
Kindly leave a comment and share No doubt, death is a necessary end for all mortals and like pilgrims that we truly are, everyone will one day literally get to his journey’s terminal point. This calls for deep introspection by all on how best to spend our lives while on […]
Programmed withdrawal retirees get third pension enhancement
Kindly leave a comment and share Chuks Udo Okonta Retirees under the Programmed Withdrawal (PW) monthly pension benefits have been granted enhancement package by the National Pension Commission (PenCom). PenCom announced this in a document entitled: ‘Third Edition of Pension Enhancement for Retirees on Programmed Withdrawal Under the Contributory Pension […]
Passing of bill to exempt personnel of National Assembly Service from CPS by House Of Reps mockery of legislative process – Takor
Kindly leave a comment and share The Passing of a Bill to Exempt Personnel of National Assembly Service from the Contributory Pension Scheme by the House Of Representative is a Mockery of the Legislative Process and a Mission Towards Self Destruction. By Director, Centre for Pension Right Advocacy, Takor Ivor, […]
Leadway Pensure unveils L.I.S.A.for seamless customer experience
* Upgrades mobile app Kindly leave a comment and share Chuks Udo Okonta In actualising its quest of providing a seamless, convenient, world-class, always-on customer service experience for its diverse customers, Nigeria’s foremost Pension Fund Administrator, Leadway Pensure P.F.A., has announced the introduction of the Leadway Pensure Instant Service Assistant […]
