Leave a comment and share Chuks Udo Okonta Contributed Pension funds which currently stand at N6.5 trillion is faced with threats of depletion due to multiple Bills sponsored by some individuals at the National Assembly, Inspen can report. According to pension industry regulator, National Pension Commission (PenCom) and the umbrella […]
Pension
Lagos State Government extols retired Ogunnaike
From left: Commissioner of the Ministry of Establishments, Training and Pensions, Dr. Akintola, Benson and retired Permanent Secretary of the Ministry, Mrs. Folasade Oluwatosin Ogunnaike at the event. Leave a comment and share Chuks Udo Okonta The Lagos State Government has celebrated the retirement of its Permanent Secretary, Ministry of […]
How pension lump sum is determined – PenOp
Executive Secretary Pension Fund Operators Association of Nigeria, Ms Susan Oranye (5th left); Chief Marketing Officer, Premium Pension Limited Kabir Tijjiani; President, National Association of Insurance and Pension Correspondents, Mrs Omobola Tolu-Kusimo and members of NAIPCO at the event. Leave a comment and share Chuks Udo Okonta Contrary to claims […]
Lagos State pays N515m to 252 retirees
Ambode Leave a comment and share Chuks Udo Okonta The Lagos State Governor, Akinwunmi Ambode, has urged retirees not to put their retirement money into ventures they could not manage. A statement by Mrs Ajoke Lawal of Public Affairs Unit, Lagos State Pension Commission (LASPEC) said the Governor, who was […]
75% lump sum proposal destroys essence of pension – Etaduovie
Etaduovie Leave a comment and share Chuks Udo Okonta The proposal before the National Assembly seeking the payment of 75 per cent of retirees pension benefits as lump sum at retirement destroys the very essence of pension, the Managing Director, IEI Anchor Pension Limited, Glory Etaduovie, has said. He disclosed […]
Premium Pension grows AUM to over N487bn
From left: Premium Pension Limited South West Regional Manager, Mr. Fatai Olufeso receiving a copy of NAIPCO Trumpet Magazine from the President of National Insurance and Pension Correspondents( NAIPCO ), Mrs. Omobola Tolu- Kusimo at the event. Leave a comment and share Chuks Udo Okonta Premium Pension Limited has said […]
IEI Anchor Pension repositions for growth with over N62bn AUM
From left: Customer Relationship Officer, IEI Anchor Pension Limited, Kelly Etaifo; Head Business Development & Strategy, Mrs Jolaade Oduntan; Manager for Branch, Mrs Amina James-Louis and President, National Association of Insurance and Pension Correspondents, Mrs Omobola Tolu-Kusimo at the event. Leave a comment and share Chuks Udo Okonta IEI Anchor […]
Brazilian judge seizes $2.8 million in Silva’s pension funds
SAO PAULO (AP) ” A judge in Brazil on Thursday ordered the seizure of more than $2.8 million in pension funds from former President Luiz Inacio Lula da Silva in connection with his corruption conviction. The funds were in one of Silva’s individual accounts and in another linked to his […]
PenCom’s 2017 pre-retirement workshop ends
Leave a comment and share Chuks Udo Okonta The National Pension Commission has successfully conducted the 2017 Pre-Retirement workshop targeted at staff of Ministries, Departments and Agencies (MDAs) who are due to retire between January and December 2018. The Head, Corporate Communications Department PenCom, Emeka Onuora, said the workshop which […]
PenCom clears 8 insurers to sell retirement annuity
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has cleared eight life insurers to sell retiree benefits annuity, having complied with the new rules. Inspenonline learnt this morning that the certified firms now are: Custodian Life Limited; FBNInsurance Limited; Leadway Assurance Limited; Cornerstone Insurance Plc; […]
