PenCom Automated Employees Verification And Enrollment To Begin Q1 2021
PRESS RELEASE–The National Pension Commission (PenCom) on Tuesday is set to commence automated process that would ensure seamless conduct of the annual verification/enrollment exercise. According to...
View ArticleCPS: FG Releases N11.82bn For Payment Of Accrued Rights To Retirees
PRESS RELEASE—The sum of N11.818 billion has been released by the Federal Government for payment of accrued rights. Accrued rights represent benefits for employees of Treasury Funded MDAs who worked...
View ArticleClik here to view.
Lagos Restates Commitment To Pensioners Welfare, As 292 Pensioners Get N1.51bn
From left Mr Olumuyiwa Oshin Executive Director Finance and investment Lagos state Pension Commission, Mrs Christiana Alakija a Retiree receiving her Bond Certificate from the Director-General Lagos...
View ArticleGhana: SSNIT Increases 2021 Pensions By 10%
The Social Security and National Insurance Trust (SSNIT) in Ghana has increased monthly pensions by 10% for the year 2021. In a public notice SSNIT said the increment means all pensioners on the SSNIT...
View ArticleAIICO Pension Issues Rejoinder, Says No Mismanagement of funds
Contrary to reports in the media, there are no allegations of mismanagement of pension assets levelled against AIICO Pension, the Pension Fund Administrator (PFA) has said. This was made known in a...
View ArticleFidelity Pension Debunks Probe Reports
Mrs. Amaka Andy-Azike, MD/CEO Fidelity Pension Managers Limited has debunked the media reports that it is being probed by the House of Representatives Committee on Pensions and that the Managing...
View ArticleLagos Assures Retirees On The Speedy Resolution Of Pension Issues
Obilana, DG LASPEC The Lagos State Government has once again restated its commitment to the speedy resolution of all pension issues in the State and pledged to ensure the prompt payment of pensioners’...
View ArticlePension Funds Grained N119.68bn From Equity In Q4 – PenCom
Pension fund investment gained N119.68bn from equity in the fourth quarter of 2020, the National Pension Commission has revealed. Figures obtained on Monday from the PenCom report titled ‘Net realised...
View ArticlePFAs Reduce Positions In T-bills, Target Long-dated Securities, Equities...
April 1, 2021/Cowry Asset Report Freshly released report on pension fund assets by National Pension Commission (NPC) showed that the total value of pension assets rose year on year (y-o-y) by 17.92%...
View ArticlePenCom Attains ISO 27001:2013 Certification For ISMS
PRESS RELEASE—The National Pension Commission at the weekend said it has attained ISO 27001:2013 Certification ForInformation Security Management System (ISMS). This was disclosed by the commission’s...
View ArticleAIICO Refutes Claims Of Non-Remittance Of Pension Assets to PTAD
BY NKECHI NAECHE-ESEZOBOR—The Management of AIICO Insurance Plc, on Thursday refuted media report on allegations of non-remittance of pension assets to the Pension Transitional Arrangement Directorate...
View ArticlePTAD Plead With NUP To Shelve Protest
The Pension Transitional Arrangement Directorate (PTAD) has appealed to members of the Nigeria Union of Pensioners (NUP) to shelve the planned protest scheduled to hold at the Office of the Secretary...
View ArticleAxa Mansard Pensions Now Tangerine Pensions
AXA Mansard Pensions Limited has announced a rebrand and change of name to Tangerine Pensions Limited. This follows completion of the acquisition of 100% of AXA Mansard Pensions Limited’s equity by...
View ArticleClik here to view.
358 Lagos State Retirees Gets N1.01bn
BY NKECHI NAECHE-ESEZOBOR--Poised to remain true to the welfare of retirees in Lagos, the Lagos State Government has paid a total of N1.01 billion to 358 retirees. Disclosing this at the Retirement...
View ArticleJust In: PenCom Raises PFAs Shareholders’ Funds To N5billion
BY NKECHI NAECHE-ESEZOBOR–The National Pension Commission (PenCom) has announced a new shareholders’ funds for Pension Fund Administrators from N1 billion to N5 billion. The new directive according to...
View ArticleExperts Implore Employers To Join New Pension Scheme
Experts have implored employers in both private and public sectors to take seriously, the pension package of their workers. The experts, who spoke during a virtual training organised by the Pension...
View ArticleDBS: Buhari Okays Payment of Consequential Adjustment To Pensioners
BY NKECHI NAECHE-ESEZOBOR–In line with the minimum wage approved in 2019, President Muhammadu Buhari At the weekend approved the payment of the consequential adjustment to pensioners under the Defined...
View ArticlePenOp, AVCA Collaborate To Empower Local Investors And Develop Private Equity
Pension Fund Operators Association of Nigeria (PenOp) said is collaborating with the African Private Equity and Venture Capital Association (AVCA) to empower local investors and develop private equity...
View ArticlePenCom Says 12,681 RSA Holders Switch PFAs As At March
The National Pension Commission (PenCom) has said that as at March, 2021 about 12,681 Retirement Saving Account (RSA) holders have transferred their funds from their former Pension Fund Administrators...
View ArticleAssessment Of RSA Transfer Window
It was a day long awaited, when the National Pension Commission opened the Retirement Savings Account (RSA) Transfer Window. The launching of the RSA Transfer System (RTS) on 16 November 2020 heralded...
View Article