From left: Compliance Officer, Stanbic IBTC Pension, Mrs. Idu Okwuosa; Managing Director, Zenith Pension Fund Custodian (PFC), Mrs. Nkem Oni-Egbuna; Managing Director, AIICO Pension and Chairman, Pension Fund Operators Association of Nigeria (PenOp) Eguarekhide Longe; Executive Secretary, PenOp, Susan Oranye; Managing Director, AXA Mansard Pension, Dapo Akinsanya and Managing Director, […]
Pension
Photos: Faces at a pre-retirement forum organized by Stanbic IBTC Pension Managers Limited in Lagos on Thursday
From left: Executive Director, Investments, Stanbic IBTC Pension Managers Limited, Mr. Oladele Sotubo; Executive Director, Wema Bank, Mr. Ademola Adebise; and Head, Business Development, Stanbic IBTC Pension Managers Limited, Mrs. Nike Bajomo; at a pre-retirement forum organized by Stanbic IBTC Pension Managers Limited in Lagos on Thursday. From left: Executive […]
Pension: EFCC arrests suspended DG, others for N2.5bn fraud
Eniola Akinkuotu and Ifeanyi Onuba The Economic and Financial Crimes Commission has arrested the suspended Director-General, of the Pension Transitional Arrangement Directorate, Nelly Mayshak, and three others, Yoab Youssoufou, Patricia Iyogun, and Ruth Imonikhe for a N2.5bn fraud. PTAD is an independent pension agency established in August 2013 to oversee […]
California pension fund won’t drop tobacco divestment talks
SACRAMENTO, Calif. (AP) – The board overseeing the nation’s largest public-employee pension fund will consider reinvesting in tobacco stocks it sold off more than a decade ago. The California Public Employees’ Retirement System investment committee decided Monday to review the tobacco divestment over the next two years and make a […]
PenCom eyes MDAs subventions for settlement of over N20bn accrued rights
From left: Compliance Officer, Stanbic IBTC Pension, Mrs. Idu Okwuosa; Managing Director, Zenith Pension Fund Custodian (PFC), Mrs. Nkem Oni-Egbuna; Managing Director, AIICO Pension and Chairman, Pension Fund Operators of Nigeria (PenOp), Eguarekhide Longe; Executive Secretary, PenOp, Susan Oranye; Managing Director, AXA Mansard Pension, Dapo Akinsanya and Managing Director, FUG […]
Micro Pension Scheme: Akara Sellers, Others To Start Receiving Pension
Concerted efforts are in top consideration to end old age poverty in Nigeria through the introduction of Micro Pension for all Nigerians, Chika Izuora writes on the initiative. Failed family system in Nigeria has further aggravated old age associated poverty. Many Nigerians suffer at old age because they have failed […]
Stanbic IBTC Pension to hold retirement forum
Stanbic IBTC Pension Managers Limited is set to continue its nationwide campaign to raise awareness about retirement planning, its Chief Executive, Eric Fajemisin has said. He said in a statement that about 600 participants are expected at the forum to be held on Thursday in Lagos. According to him, the […]
Teamsters rally in Washington to protest possible pension cuts
Highlights Treasury still must approve proposal from Central States Pension Fund to cut benefits Retirees say cuts are draconian; some say benefits could decline more than 60 percent Pension fund says without cuts, it’ll be out of money in just 10 years Cocoa Holloway-Blankenship isn’t your typical pension rallier […]
Houston pension fund sues Internet banker BofI for securities fraud
Houston sued Internet banking company BofI Holding Inc. for securities fraud on Thursday, prompting its shares to sink on allegations it relied on unlawful lending practices and off- balance-sheet entities to boost profits. Nasdaq-traded shares of BofI fell more than 16 percent to $19.31. The stock had rallied more than […]
FMDQ partners PenCom on Regulatory Supervision
. Sign Regulatory Supervision Collaboration Agreement As part of efforts geared towards the realisation of its corporate vision and agenda, FMDQ OTC Securities Exchange (“FMDQ” or “the Exchange”) has formalised its partnership with the National Pension Commission (“PenCom” or “the Commission”) through the co-signing of a Regulatory Supervision Collaboration Agreement […]
