Leave a comment and share The National Pension Commission (PenCom) in a bid to ensure sufficient oversight and supervision of risk management processes, has directed Risk Management Departments of all Pension Fund Administrators (PFAs) with Funds Under Management (FUM) of N100 billion and above to report directly to the Managing […]
Pension
FG approves pension enhancement for pensioners on CPS
Takor A cheering news came to pensioners who are on Programmed Withdrawal under the Contributory Pension Scheme managed by Pension Fund Administrators (PFAs) as the year 2017 came to an end. The National Pension Commission (PenCom) announced a maiden pension enhancement for this category of pensioners with effect from December […]
Premium Pension appoints executive, non executive directors
Tijjani Leave a comment and share Chuks Udo Okonta The Board of Premium Pension Limited has appointed Kabir Ahmed Tijjani as an Executive Director and Lamido Yuguda as Non-Executive Director. A statement signed by Aliyu Mohammed Ali, forHead Corporate Communications, said the new appointments are expected to enhance robust business […]
Premium Pension appoints Mairami as managing director
Mairami Leave a comment and share Chuks Udo Okonta Premium Pension Limited, has appointed Umar Sanda Mairami as the new Managing Director and Chief Executive officer. He succeeded Wilson Ideva, who formally retired from the Company. A statement signed by Aliyu Mohammad Ali, for Head Corporate Communication, said Mairami, is […]
PTAD urges verified pensioners to exercise patience
Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) has urged verified pensioners of Nigeria Insurance Corporation (NICON); Nigerian Defence Academy (NDA); New Nigeria Newspapers and Nigeria Re-Insurance to exercise little patience as information obtained from them is being processed. The Deputy Director, Corporate Communications, […]
FG securities gulp N6.28trn pension funds
Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) have invested N6.28 trillion out of the N7.41 trillion pension assets in Federal Government’s securities, as at the end of November 2017, the National Pension Commission (PenCom), has said. Data obtained from PenCom stated that 70.67 per cent […]
PenCom clears 83 firms to bid Fed Govt contracts
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has issued compliance certificates to 83 companies to bid for Federal Government contracts this year. PenCom noted that as at January 3, 2018, the firms had met the requirements and have been cleared. Some of the firms […]
Inspenonline says thanks
Your supports impacted our business greatly in 2017, we want to say a big thanks even as we look up to more robust relationships in 2018. May God bless and prosper your endeavours greatly this year, in Jesus name, Amen. National Insurance Commission; National Pension Commission; Nigerian Insurers Association; Pension […]
Workers halt voluntary contributions over 50% re-allocated to retirement benefits
Leave a comment and share Chuks Udo Okonta Many employees have asked their employers to stop deducting voluntary pension contributions due to the recent circular issued by the National Pension Commission (PenCom) which allows contributors to access only 50 per cent whilst the balance is re-allocated to contributors’ retirement benefit […]
Lagos State commits N150bn to employees pension rights under CPS in 10 years
From left: Director-General Lagos State Pension Commission, Mrs Folashade Onanuga, First lady of Lagos State, Mrs. Bolanle Ambode; Honourable Commissioner, Lagos State Ministry of Establishments, Training and Pensions, Dr. Akintola, Benson Oke ;Chairman, House Committee on Establishments, Training and Pension, Hon. Adedayo Famakinwa at the event. Leave a comment and […]
