Tag: Why annuity assets should be transferred to PFCs – PenCom

Pension

Why annuity assets should be transferred to PFCs – PenCom

Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) says the decision to move annuity assets from life insurance companies to Pension Fund Custodians (PFCs) is to ensure consistency with Pension Reform Act (PRA) 2014 and strengthen the processing of administration of retirement benefits. PenCom disclosed […]