Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) says comes July 3, 2017, it will embark on a nationwide pre-retirement enrolment exercise for retiring employees of Federal Government Treasury Funded Ministries, Departments and Agencies for the purpose of payment of retirement benefits. A statement by […]
Pension
The imperative of contributory pensions
Omagbitse A couple of weeks ago, a participant at a workshop drew my attention to the fact that the Rivers State Government had shut down over 1,800 illegal schools in the State and was planning to do much more in the months ahead. The context of our discussion was Pensions […]
Kenya’s pension industry to hit 10 bln USD by end of 2017
By Ronald Njoroge Kenya’s pension industry is expected to hit 10 billion U.S. dollars under management by the end of 2017, the industry regulator said on Wednesday. Retirement Benefits Authority (RBA) Acting CEO Nzomo Mutuku told a media briefing the funds held by the pension industry as of December 2016 […]
FUG Pensions Partners Covenant University on E-Governance
Managing Director/Chief Executive, FUG Pensions, Usman Suleiman (3rd Left) with Prof Patience Akpan-Obong, Conference Facilitator, E-Governance, Covenant University (m) and the Company Secretary/Legal Adviser, FUG Pensions (4th Right) at the just concluded E-Governance Conference held in Ota, Ogun State recently. Leave a comment and share Chuks Udo Okonta Future Unity […]
PenCom clears Custodian Life to sell annuity
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has cleared Custodian Life Limited to sell annuity, which now brings the number of life insurers given approval to four. Inspen had last week exclusively reported that FBNInsurance Limited; Leadway Assurance and ARM Life were cleared after […]
Lagos State injects N62bn into workers’ RSA
Workers due to retire from the Lagos State Public Service between July, 2017 and December, at the event. Leave a comment and share Chuks Udo Okonta Lagos State government has paid the approximate sum of N62 billion into the Retirement Savings Accounts (RSA) of about 13,000 retirees since the commencement […]
IEI Anchor Pensions partners Inspen on empowerment programme
Managing Director IEI-Anchor Pension Managers Limited, Glory Etaduovie; Head Business Development and Strategy, Jolaade Oduntan and Zonal Manager, Lagos, Cyril Ojo at an event in Lagos. leave a comment and share Chuks Udo Okonta IEI Anchor Pensions Managers Limited, one of the foremost Pension Fund Administrators (PFAs) in the country […]
Top PFAs face dwindling market shares
Leave a comment and share Chuks Udo Okonta While the public await the commencement of the pension industry’s transfer window, to move to Pension Fund Administrators (PFAs) of their choice, top PFAs are already facing a dwindling market shares, Inspen can report. Data obtained from the National Pension Commission (PenCom) […]
PenCom, NAICOM examine reports submitted by annuity committee
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) are independently examining the reports submitted by members of annuity committee that met two weeks ago in Kaduna, Kaduna State, to enable them take a position on how to regulate annuity […]
PenCom certifies FBNInsurance, Leadway to sell annuity
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has granted approval to FBNInsurance Limited; Leadway Assurance and ARM Life to sell annuity after they met the new requirements for the business. Inspen gathered that the firm’s received the approval after they signed the service agreement […]
