Mrs Onanuga Leave a comment and share Chuks Udo Okonta The Lagos State Government through Lagos State Pension Commission (LASPEC) has paid another set of 333 retirees/beneficiaries from the Mainstream Civil Service, Local Governments, and State Universal Basic Education Board (SUBEB), Teachers Establishment and Pensions Office (TEPO) and other parastatals […]
Pension
Fiery protests against Chile’s private pension funds Santiago
Chilean police used tear gas and water cannon to break up a protest Friday against the country’s privatized pension system, which opponents say is leaving many retirees in poverty. Protesters set fire to at least two buses, forcing passengers to flee, and blocked some two dozen streets with burning barricades […]
PenCom targets 250,000 micro pension subscribers in six months
From left: Head, Benefits and Insurance, National Pension Commission, Olulana Loyinmi; President, Pension Fund Operators Association of Nigeria (PenOp), Longe Eguarekhide and Head, Micro Pensions Department, Polycarp Anyanwu at the event. Leave a comment and share Chuks Udo Okonta The National Pension Commission Pension (PenCom) hopes to enroll about 250,000 […]
Communique issued at the end of PenCom workshop for journalists
Mrs. Chinelo Anohu-Amazu Communique Issued at the National Pension Commission(PenCom)’s Workshop for Finance, Insurance and Labour Correspondents and Business Editors held at Transcorp Hotel, Calabar, Cross Rivers State on November 2nd &3rd, 2016 Good afternoon ladies and gentlemen This is the communique issued at the end of the PenCom’s training […]
Why power sector may not attract pension fund
From left: Head, Investment Supervision Department, National Pension Commission (PenCom), Ehimeme Ohioma; Commissioner Inspectorate Prof. Mohammed Abubakar and Head, Benefits and Insurance, Olulana Loyinmi at the event. Leave a comment and share Chuks Udo Okonta The quest to attract pension funds to develop the nation’s power sector may be stalled […]
Recession: Dismissed workers scramble for pension fund as 177,284 get benefits
From left: President, National Association of Insurance and Pension Correspondents, Mrs Omobola Tolu-Kusimo; Commissioner Inspectorate PenCom, Prof. Mohammed Abubakar; Chairman, Finance Correspondents Association of Nigeria, Babajide Komolafe; Chairman of Abuja breach of FICAN, Simeon Ogoegbunam; and President, Pension Fund Operators Association of Nigeria (PenOp), Longe Eguarekhide at the event. Leave […]
PenCom eyes micro pension to attain 20m subscribers by 2019
From left: President, National Association of Insurance and Pension Correspondents, Mrs Omobola Tolu-Kusimo; Commissioner Inspectorate PenCom, Prof. Mohammed Abubakar; Chairman, Finance Correspondents Association of Nigeria, Babajide Komolafe; Chairman of Abuja breach of FICAN, Simeon Ogoegbunam; and President, Pension Fund Operators Association of Nigeria (PenOp), Longe Eguarekhide at the event. Leave […]
German $82 Billion Pension Giant Seeks Outside Help to Grow
Bayerische Versorgungskammer, Germany’s biggest pension fund, is hiring more external managers as it diversifies away from low-yielding government and covered bonds. “We will invest more in assets such as high-yield, emerging-market debt and infrastructure where we rely on external experts,” Andre Heimrich, who helps oversee 75 billion euros as BVK’s […]
Transfer window, micro pension force PFAs to rejig operations
Director-General PenCom, Mrs. Chinelo Anohu-Amazu Leave a comment and share Chuks Udo Okonta The race to capture large pension subscribers through the proposed transfer window and micro pension, have forced Pension Fund Administrators (PFAs) to reposition their operations, Inspen can report. Investigations by Inspen revealed that many of the operators […]
German Pension Giant Seeks Outside Help to Grow $82 Billion Fund
Bayerische Versorgungskammer steers clear of zero-yield bonds Specialist third-party managers needed to diversify assets Bayerische Versorgungskammer, Germany’s biggest pension fund, is hiring more external managers as it diversifies away from low-yielding government and covered bonds. “We will invest more in assets such as high yield, emerging-market debt and infrastructure where […]
