Kindly leave a comment and share Chuks Udo Okonta The Conference of Civil Society of Nigeria (CCSN) has identified the National Pension Commission (PenCom) as one of the top performing Ministries, Departments and Agencies (MDAs) in Nigeria. The CCSN, which is a coalition of Civil Society Organisations (CSOs) crusading for […]
Pension
Stanbic IBTC Pension Managers to thrill Nigerians at fuze festival
* Parades Teni, Ladipoe, Wurld , other artistes Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Pension Managers Limited will be thrilling Nigerians in its fun filled entertainment fiesta tagged; ‘Fuze Festival’. The Managing Director/CEO of the leading Pension Fund Administrator (PFA), Olumide Oyetan, at a press […]
RSA holders now to access fund for residence as PenCom names 34 mortgage banks
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has approved 34 mortgage banks for full implimentation of acquisition of residential mortgages by Retirement Savings Account (RSA) holders. Of the 34 banks, 18 are from Lagos, 8 from Abuja and 8 of them are from […]
Reps split over bill to exempt National Assembly workers from contributory pension scheme
Kindly leave a comment and share The House of Representatives yesterday failed to agree over a bill to remove National Assembly Service Commission Staff from the contributory pension scheme (CPS). The bill which was sponsored by Abdulganiyu Olododo seeks to create National Assembly Service Pension Board solely for the staff […]
PFOs retain N135.44bn uninvested pension fund assets in October
Kindly leave a comment and share Chuks Udo Okonta Pension Fund Operators (PFOs) invested N14.45 trillion out of the N14.59 trillion pension fund assets and retained N135.44 billion as cash and other assets in the month of October 2022, Inspenonline can report. This is contrary to some erroneous beliefs that […]
PenCom engages civil society groups to combat old age poverty
Kindly leave a comment and share Chuks Udo Okonta Old age poverty has remained a problem successive governments in Nigeria have being battling to solve through several initiatives and programmes which have not yielded much results. Some of these initiatives put in place by the government are the Contributory Pension […]
Why PFAs are struggling with marketing of micro pension plan – Expert
Kindly leave a comment and share Chuks Udo Okonta An expert in pension matters, Dr. Goodman Ade, has said Pension Fund Administrators (PFAs) are struggling with marketing of Micro Pension Plan (MPP) because they failed to understand that ‘Pension is Sold not Bought’ in a country like Nigeria. He told […]
PFAs struggle with micro pension plan as three firms register six contributors in Q3, 2022
Kindly leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) seem to be struggling in on-boarding contributors into Micro Pension Plan (MPP) as three firms registered only six subscribers in the third quarter of 2022. The National Pension Commission (PenCom) in its micro pension registration schedule for […]
Stanbic IBTC Pension Managers applauds promoters of ART X Talks
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Pension Managers Limited has applauded promoters of 2022 ART X Talks and pledged its commitments to promotion of production and collections of art works in Nigeria. The Managing Director, Stanbic IBTC Pension Managers, Olumide Oyetan, in his opening remarks […]
Access Corporation to acquire indirect equity stake in Sigma Pension
Kindly leave a comment and share Access Holdings Plc, trading as Access Corporation (‘the Corporation’) has announced that the National Pension Commission (PenCom) and the Federal Competition and Consumer Protection Commission (“FCCPC”) have granted their approvals to the proposed acquisition by First Guarantee Pension Limited (‘FGPL’) and First Ally Asset […]
