*PenCom lists how N11.57tn pension fund assets was invested Leave a comment and share Chuks Udo Okonta Experts in the pension industry have said there is no idle fund in the pension sector that can be borrowed. They said this when responding to the information making the rounds that State […]
Pension
PenOp strengthens robust awareness creation deal with journalists
Leave a comment and share Chuks Udo Okonta Pension Fund Operators Association of Nigeria (PenOp) has rekindled its commitments with journalists toward deepening pension penetration in the country through increased awareness and sensitisation to enable the public, embrace the Contributory Pension Scheme(CPS). President of PenOp, Wale Odutola, while speaking on […]
Over 2,100 dissatisfied RSA holders seek greener pastures in new PFAs
Leave a comment and share Chuks Udo Okonta Determined to achieve robust fortune and satisfaction, over 2,100 Retirement Savings Account (RSA) holders have applied to move their pension accounts from their current Pension Fund Administrators (PFAs) to a new one, Inspenonline can report. Making the disclosure at the virtual 2020 […]
PenOp’s governing council commends PenCom on RSA transfer system
Leave a comment and share Chuks Udo Okonta The Governing Council of the Pension Fund Operators Association of Nigeria (PenOp), at its recent meeting has commended the National Pension Commission (PenCom) on the opening of the transfer window, while also emphasizing the need for Pension Operators to maintain high standards […]
Pension fund investments generate N816.84bn interest, coupon in 2019
*Dividend of N35.43bn Leave a comment and share Chuks Udo Okonta Investments of pension funds assets by pension fund operators into Fund I, Fund II and Fund III, generated N816.84 billion interest and coupon in 2019, while dividend received stood at N35.43 billion, Inspenonline can report. Data obtained from the […]
Premium Pension courts Bauchi State on contributory pension scheme
Chairman Board of Directors, Ibrahim Alhassan Babayo presenting a souvenir item to the Governor of Bauchi State Senator Bala Mohammed while the MD/CEO Umar Sanda Mairami is watching with keen interest at the event. Leave a comment and share Chuks Udo Okonta Determined to strengthen its leadership position in the […]
Insurance, pension sectors need investment professionals, robust data to thrive – Experts
From left: Nona Awoh, notable financial analyst/Resource person; Chuks Okonta, Chairman, National Association of Insurance and Pension Correspondents (NAIPCO), and Lekan Otufodunrin, Executive Director, Media Career Development Network/resource person, during the NAIPCO training workshop at NCRIB building in Lagos. Leave a comment and share Chuks Udo Okonta Proper Investment plan, […]
Pension operators net N83.94bn profit in 2019
Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) and their counterparts Pension Fund Custodians (PFCs) recorded a net profit of about N83.94 billion in 2019, Inspenonline can report. Data obtained from the National Pension Commission (PenCom) which detailed the financial positions of the operators, showed that […]
Top PFAs with high return on investment
Leave a comment and share Chuks Udo Okonta As the Retirement Savings Account Transfer System (RTS), commenced today, the National Pension Commission (PenCom) has published Pension Fund Administrators (PFAs) performance record which would help guide contributors and retirees in making informed decision before moving from their present fund manager to […]
Ahmad, others implore PFAs to adhere to ethics as PenCom unveils RSA transfer system
Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) have been implored to esteem high ethical behaviour as they deal with pension contributors and retirees now that the National Pension Commission (PenCom) has launched the Retirement Savings Account Transfer System (RTS). The pioneer Director-General, […]
