Pension

Pension

PenOp seeks release of FG retirees’ accrued rights

Leave a comment Chuks Udo Okonta The Pension Fund Operators Association of Nigeria (PenOp) has called on the Federal Government to urgently release the outstanding accrued rights of its retirees so that their benefits can be processed and settled. The President of PenOp Misbahu Yola, said this at a media […]

Pension

What’s the matter with Union Bank?

SIR: We, the aggrieved pensioners of Union Bank of Nigeria Plc nationwide (pensioners from 2006 to 2014) have been maltreated, pauperized, traumatized, tortured, tormented and completely dehumanized by the recalcitrant posture of Union Bank and PENCOM. Some have been sent to their early graves. For almost four years, Union Bank […]

Pension

How to save up for retirement

Saving for retirement is important but how you go about it is a challenge. There are so many products and it’s not so easy to decide between them. In this article, I will be looking at three of the products that you can use to save for your retirement namely […]

Pension

How the world’s big pension funds view China

Hot money may be flowing out of China’s markets amid a persistent economic slowdown, but slower-moving institutional money is taking a longer view. “China is absolutely critical in anyone’s portfolio,” Adrian Orr, chief executive of the New Zealand Superannuation Fund, a pension fund with around $29.5 billion in assets, told […]

Pension

UK Employer pension contributions collapse by 48% in a year

Fears have been raised that employers are slashing the amount they pay into workers’ pensions in an attempt to save money, after official figures revealed a near-50% collapse in contribution rates in 12 months. The Guardian reported that the average amount being paid into private-sector defined contribution (also known as […]

Pension

‘You are responsible for your pension’

Leave a comment Chuks Udo Okonta Do you know that you are responsible for your pension? This is a fact many employees do not consider as they strive daily to eke a living. The Pension Reform Act 2014 has placed the future of workers in their hands by empowering them […]

Pension

Feds: Send greedy ex-cop to prison for at least 8 years

Prosecutors on Wednesday painted a former high-ranking Detroit cop convicted in a Kwame Kilpatrick-era corruption scandal as a greedy liar and remorseless, entitled bribe-taker who should spend at least eight years in prison. In a blistering filing, federal prosecutors made the request two days after Paul Stewart’s co-defendant, ex-Detroit Treasurer […]