Tag: Why PFAs shun investments in foreign securities

Pension

Why PFAs shun investments in foreign securities

Mrs Anohu-Amazu and other PenCom’s executives The Contributory Pension Scheme (CPS) has yielded N5.3trillion, but Pension Fund Administrators (PFAs) are shying away from investing contributors’ and retirees’ funds in foreign capital and money market instruments. Instead, pension funds in Retirement Saving Accounts (RSA) of active contributors and retirees are being […]