Gov. Sanwo-Olu Appoints Babalola Obilana As New Director General LASPEC
The Lagos state Governor Mr Babajide Sanwo-Olu on Tuesday approved the appointment of Mr Babalola Obilana as the Director General of Lagos State Pension Commission in recognition of his outstanding...
View ArticleWale Odutola Emerges New President Of PenOp
Odutola The Managing Director of ARM Pensions, Wale Odutola has emerged the new president of Pension Fund Operators Association (PenOp). Odutola, was elected president along other new Executive...
View ArticleLagos State Releases N1. 157bn For Payment Of Accrued Rights To 368 Retirees
BY NKECHI NAECHE -ESEZOBOR-The Lagos State Governor Mr Babajide Sanwo-Oluhas has approved the release of the sum of N1, 157bn for the payment of Accrued Pension Rights to 368 public service retirees....
View ArticleAIICO Insurance Announces Plans To Sell 96% Stake In AIICO Pensions To FCMB...
BY NKECHI NAECHE-ESEZOBOR–AIICO Insurance Plc has said its in discussion with FCMB pension Limited for the sale of 70 percent stake in Pension Management subsidiary, AIICO Pensions Managers Limited to...
View ArticleFinally FCMB Pensions Limited Agrees To Acquire the 96% Stake In AIICO...
FCMB Group recently notified the Nigerian Stock Exchange of its agreement to acquire 96% of AIICO Pensions Limited through its pensions arm – FCMB Pensions Limited. This appears to be part of a...
View ArticleLagos State Unveils Retirees Web Portal
Gov. Babatunde Sanwo-Olu PRESS RELEASE—The Lagos State Government has launched a web portal specifically designed to allow prospective retirees and retired officers interact with the Lagos State...
View ArticleLagos Pays In Excess Of N8.7bn To 2,309 Retirees In Six Months
Lagos State Government has disclosed that it has paid the sum of eight billion, seven hundred and seventy-eight million, twenty-six thousand and three hundred and forty-nine naira, sixty-three kobo,...
View ArticleWhatsApp To Launch Insurance And Micro-pension Pilot Schemes
Messaging app WhatsApp India is set to launch pilot schemes in insurance, micro-pension and lending in partnership with domestic service providers. Mr Abhijit Bose, head of WhatsApp India, said that...
View ArticlePenCom Initiates Plans To Review Pension Reform Act 2014
NKECHI NAECHE-ESEZOBOR—-The National Pension Commission (PenCom) on Thursday said it has initiated the process of reviewing the Pension Reform Act (PRA) 2014 in order to address identified challenges...
View ArticleAxa Mansard Sells Pensions Subsidiary To Eustacia
BY NKECHI NAECE-ESEZOBOR–AXA Mansard Insurance plc, (the Company) at the weekend announced the divestment from its subsidiary, AXA Mansard Pensions Limited. This is contained in a notice to the...
View ArticleLASPEC Pay Over N1bn Retirement Benefit Bonds For 259 Retirees
Obilana, LADPEC DG PRESD RELEASE—The Lagos State Government has disclosed that it has remitted the sum of N1,133,226,083.77 (One Billion, One Hundred and Thirty-Three Million, Two Hundred and...
View ArticlePenCom Prepares Operators For Transfer Window * Set End of 2020 As...
BY NKECHI NAECHE-ESEZOBOR The National Pension Commission (PenCom) on Thursday said is targeting year end for takeoff of transfer window. According to the commission the opening of the transfer window...
View ArticleCPS: FG Releases N14.92billion For Accrued Rights For Retirees
BY NKECHI NAECHE ESEZOBOR–The National Pension Commission ( PenCom) on Monday announced that the Federal Government has released the sum of 14.92 billion for the payment of accrued rights for retirees...
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LASPEC Pays Over N1billion To 218 Retirees, Presents Bond Certificates
In view of the ravaging covid-19 pandemic across the world, the Lagos State Pension Commission, LASPEC has announced a change in its mode of distributing Bond Certificates to State Pensioners, saying...
View Article1,936 Beneficiaries Of Deceased Employees Gets N7.66 billion Death Benefits
BY NKECHI NAECHE-ESEZOBOR: The National Pension Commission (PenCom) it approved a total of N7.66 billion as death benefits to the beneficiaries of the 1,936 deceased employees in third quarter (Q3)...
View ArticleMicro Pension: 25,691 Contributors Remits N978,492.50 To PFAs Q3 2019
, Mrs. Aisha Dahir-Umar,PenCom DG BY NKECHI NAECHE-ESEZOBOR-The National Pension Commission ( PenCom) in its third quarter report 2019 saida total of 4,257 contributors had registered under the Micro...
View ArticleAnnuity: PenCom, NAICOM Signs MoU To Tackle De-marketing By Operators
L-R: Director General PenCom, Hajia Aisha Dahir-Umar and Commissioner for Insurance, Mr Sunday Thomas at the signing ceremony held today in Abuja. BY NKECHI NAECHE-ESEZOBOR–Poised to improve the life...
View ArticleGhana: Here’s What The Next NDC Govt. Plans To Offer The Insurance And...
The opposition National Democratic Congress (NDC) has pledged to adopt a Risk-Based Minimum Capital approach for the insurance sector should they be given the nod in the upcoming December polls....
View ArticleFG Pensioners Gets Over N96bn-PTAD, Paid N77billion To 244,643 Pensioners In...
The Pension Transitional Arrangement Directorate (PTAD) said between July 2019 and August 2020 it has paid over N96 billion to all the operational departments of the Federal Government. Speaking on...
View ArticleSanwo-Olu Approves 33% increase For State Pensioners Under Defined Benefit...
Gov. Babajide Sanwo-Olu of Lagos State. BY NKECHI NAECHE-ESEZOBOR-State Pensioners under the Defined Benefit Scheme (PAY AS YOU GO) with effect from the 1st January, 2020, will have a reason to smile...
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