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Chuks Udo Okonta
The National Pension Commission (PenCom) has said 312,771 Retirement Savings Account (RSA) holders who were unsatisfied with their Pension Fund Administrators (PFAs) have transfered N1.41 trillion to other firms as at third quarter of 2024.
PenCom stated this in the Quarterly Summary of Retirement Savings Accounts Transfer by Pension Fund Administrators, adding the transfers were between fourth quarter 2020 to third quarter 2024.