insurance and pension news
Saturday, April 17, 2021
Dr. Chioma Ejikeme Leave a comment and share Chuks Udo Okonta The Executive Secretary Pension Transitional Arrangement Directorate (PTAD), Dr. Chioma Ejikeme, has congratulated two acting directors on the confirmation of their appointment and 15 PTAD staff on their success in the 2020 Promotion Exercise. A statement by Head, Corporate […]
Retirees at an event Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said 11,374 retirees went for programmed withdrawal as means of drawing their monthly pensions, while 1,596 embraced Retiree Life Annuity which is managed by life insurance operators. PenCom in its fourth quarter report, […]
Leave a comment and share Chuks Udo Okonta The interests/coupons received on investments in fixed income securities amounted to N178.21 billion in Fourth quarter 2020, National Pension Commission (PenCom) has said. This was contained in the fourth quarter report released recently by PenCom. According the pension sector regulator, the amount […]
Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said following the issuance of demand notices to defaulting employers whose pension liabilities had been established by the Recovery Agents (RAs), the sum of N553,033,652.01, representing principal contribution of N382,462,161.65 and penalties of […]
Leave a comment and share Chuks Udo Okonta As more people moved into the unemployment circle due to harsh economic situations, the Contributory Pension Scheme (CPS) is providing succour as 11,796 Retirement Savings Account (RSA) holders have accessed N5.33 billion from their RSA balance in the fourth quarter of 2020. […]
Female chief executives in the pension sector Leave a comment and share Chuks Udo Okonta The Pension Fund Operators Association of Nigeria (PenOp) in commemoration of the International Women’s Day, is celebrating amazing female chief executives who dared to be different and challenged the status quo. The Chief Executive Officer […]
Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The Micro Pension Plan (MPP) is gaining popularity as more people are leveraging it to plan their activities and future retirement. According to data obtained from the National Pension Commission (PenCom), during the fourth quarter of 2020, 20 Pension […]
Director-General, PenCom, Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has implored pension contributors that are yet to recapture their data with their Pension Fund Administrators (PFAs) to urgently do so to enable them maximize fully benefits in the Contributory Pension Scheme […]
Director-General, PenCom, Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta Following the launch of the Retirement Savings Account (RSA) Transfer System on 16 November 2020, a total of 2,799 RSA holders initiated the transfer of their RSAs from their existing Pension Fund Administrators (PFAs) to other PFAs, […]
Mrs. Amaka Andy-Azike Leave a comment and share Chuks Udo Okonta Fidelity Pension Managers Limited, one of the leading Pension Fund Administrators (PFAs) in the country, has debunked the media reports that it is being probed by the House of Representatives Committee on Pensions and that the Managing Director/ Chief […]
