Ghana: SSINT warns against non-payment of workers’ contribution
Eva Amegashie Eva Amegashie,Corporate Affairs Manager of Social Security and National Insurance Trust (SSNIT) The Corporate Affairs Manager of Social Security and National Insurance Trust (SSNIT), Eva...
View ArticleNew Nigerian company ‘to boost pension fund investments in infrastructure’
A new company that will enable pension funds to invest in Nigerian infrastructure bonds is set to be launched in a few weeks’ time, the head of the country’s sovereign wealth fund has said.10 Jan 2017...
View ArticleNational survey reveals stakeholders’ dissatisfaction with Contributory...
A national survey on the Contributory Pension Scheme established over a decade ago by the Federal Government has revealed the dissatisfaction of some stakeholders with the implementation of the scheme....
View ArticleOgun federal retirees groan over unpaid pensions, gratuities
Federal retirees in Ogun on Tuesday lamented the hardships they are facing due to non-payment of their pensions and gratuities. Addressing a news conference in Abeokuta, the retirees, under the...
View ArticlePTAD Drops 15,600 Pensioners Off Its Payroll
The Executive Secretary of Pension Transitional Arrangement Directorate (PTAD), Mrs Sharon Ikeazor, on Tuesday says the directorate has suspended 15, 600 pensioners from its payroll due to lack of Bank...
View ArticleSIC Life to start Universal bank in 2019
CEO of SIC Life, Dr. Aaron Issa Anafure disclosed this at the launch of SIC Life Pensioners’ Association. A life insurer in Ghana, SIC Life Company Limited is set to operate Universal bank in 2019....
View Article10.8% of Nigeria’s Total Working Population Are Registered Under The National...
The retirement savings account (RSA) membership distribution data for Q4 2016 reflected that 7,348,028 workers are registered under the pension scheme out of a total working population of 69,470,091 as...
View ArticleAssemblies of God Denies Knowledge of Missing N2.7bn Ministers’ Pension Funds
Christopher Isiguzo in Enugu The Assemblies of God Church, Nigeria in Enugu has dismissed as false and mischievous media reports linking its leaders to the alleged disappearance of N2.7 billion pension...
View ArticleLagos releases N597m to 148 retirees
Mrs. Folashade Onanuga, DG LASPEC The Lagos state Governor, Mr. Akinwunmi Ambode has continued the payment of retirees’ entitlements by paying another set of 148 retirees drawn from the...
View ArticleEdo State appoints Premium Pension, 14 others as State PFAs, as Contributory...
Gov. Godwin Obaseki Edo state governor, Godwin Obaseki, has announced the appointment of Premium Pension Limited and 14 other pension fund administrators (PFAs) to undertake the enrollment of employees...
View ArticleQuality service delivery is crucial, Gov. Obaseki tasks PFAs
Edo State Governor, Mr. Godwin Obaseki has tasked Pensions Fund Managers(PFAs) on the need to provide quality services to workers in the srate. The Governor gave this warning in his office during an...
View ArticleAccess Bank divests from Stanbic IBTC Pension Managers
Access Bank Plc has finally divested from Stanbic IBTC Pension Managers Limited following a directive from the Central Bank of Nigeria. This development, it was learnt, was in compliance with the CBN...
View ArticleNigerian Pension Funds Outperform Bench Mark Index but not inflation
Nigerian pension funds once again recorded another year of brilliant performance in 2016 roundly beating the NSE Pension Index by wide margins. The NSE Pension index ended the year 2016 at 810.04...
View ArticlePremium Pension unveils ultra modern regional office in Lagos* Pays N118bn as...
L-R Mrs Maryam L. Mohammed, Regional Manager, Lagos, Premium Pension Limited, Mrs. Folashade Adeboye, Ag Head of Service, Lagos State, professor Abubakar Kaoje, Commissioner, Inspectorate, National...
View ArticleNigeria needs N204bn to settle pension backlog
The League of Federal Service Contributory Pension Retirees says the Federal Government will need N204 billion to clear the backlog of arrears owed its members. Got something awesome to share with the...
View ArticleFG yet to pay N73b to 2016 retirees PenCom *As PenCom requests N133.02bn for...
The Director General PenCom, Mrs Chinelo Anohu- Amazu at the budget defence session on the 2017 budget estimate. The National Pension Commission (PenCom) has said that Federal Government is...
View ArticleHealthy growth of the PFAs; Assets under management increased by 15% to N6.02trn
The assets under management (AUM) of the Nigerian pension industry increased by 15.3% y/y to N6.02trn (US$19.7bn) in November, according to the regulator, Pencom. We view the increase as creditable...
View Article1.1 million pensioners die awaiting pension in Kwara – NUP
Nigeria Union of Pensioners, NUP, has claimed that a total of 1,126,000 pensioners in Kwara state alone, have died between January 2015 and February, 2017 awaiting their pensions from the state...
View ArticleGhana: We’re ready to release locked up pension funds – NPRA
NPRA says reconciliation of employee data must be completed before the money could be released The National Pensions Regulatory Authority (NPRA) has disclosed that it should be able to release locked...
View ArticleKengen to Sell 5% Stake to South African Pension Fund
Kenya’s power producer KenGen will sell a 5.3 per cent stake to the South African Government Employees Pension Fund for $23 million. KenGen says it has entered into an agreement with the Public...
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