Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has named Mrs Ekanem Aikhomu, as the Head of Benefits and Insurance Unit. She takes over from Olulana Loyinmi; who was moved to Contributions and Bond Redemption (CBR).
Pension
Osinbajo appoints Funso Doherty DG PenCom
Leave a comment and share Chuks Udo Okonta Acting President Professor Yemi Osinbajo has named Funso Doherty as new Director-General for the National Pension Commission (PenCom) Doherty replaces Dikko Aliyu AbdulRahman who has now been appointed as Chairman, Governing Board of the Bank of Industry (BoI). List of the appointees […]
Osinbajo appoints Funso Doherty DG PenCom
PenCom, NAICOM meeting on annuity in process
Leave a comment and share Chuks Udo Okonta Top management of the National Pension Commission (PenCom) and National Insurance Commission (NAICOM) are presently in a meeting to resolved issues inhibiting the approval of annuity. Inspen gathered that the meeting which is purely administrative, would pave way for the regulators to […]
Actualising result oriented public service with efficient and effective pension administration
Dr. Oke To develop a virile workforce with satisfying post service life through the sustenance of ethical values and effective career and pensions management, the Ministry of Establishments, Training and Pensions’ (MET&P’s) has embraced the Service Charter Policy of the Lagos State Government by renewing and emphasising its commitments towards […]
AIICO Pensions holds over N78.1bn funds under management
Leave a comment and share Chuks Udo Okonta AIICO Pensions Limited total funds under management increased 21 per cent in 2016, moving from N64.2 billion to N78.1 billion, the Managing Director AIICO Insurance Plc, Edwin Igbiti, has said. He disclosed this at the underwriting firm’s 47th Annual General Meeting (AGM) […]
PenCom, NAICOM meet this week to resolve delay on annuity approval
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) and National Insurance Commission (NAICOM) would meet this week to resolve issues responsible for delay in approval of annuity, Inspen has learnt. It was gathered that the meeting would bring both regulators on the page and also […]
Failure to Implement the Guaranteed Minimum Pension in the Pension Reform Act 2014 – Impact on the Welfare of Nigerian Pensioners.
Apere Introduction Nigerian Pensioners have high expectations on National Pension Commission (PENCOM) and/or Government to timely, efficiently and effectively implement all provisions of pension regulations. These expectations arise from the need to have sustainable standard of living in retirement. Under the prevailing pension regulations in Nigeria, one of the ways […]
Experts to brainstorm on new annuity arrangement
.BusinessToday to honour Dr Akintola Benson, 7 others The Management of BusinessToday Communications, said it has concluded plans for this year’s Insurance and Pension (BusinessToday) Awards which will be looking at how the current annuity fund arrangement will affect Insurers and retirees in Nigeria. According to statement released by the […]
N10bn Deceased Persons’ Pensions Trapped In PFAs
By ZAKA KHALIQ, Lagos and MARK ITSIBOR About N10 billion belonging to deceased pensioners cannot be accessed by prospective beneficiaries, LEADERSHIP findings have revealed. It was gathered that instead of making the said money available for beneficiaries of the pensions, Pension Fund Administrators (PFAs) are now trading with the fund. […]