Archives for PENSIONS - Page 2
PenCom guides PFAs on securities lending, repurchase transactions
The National Pension Commission (PenCom) has introduced a framework to guide pension fund administrators (PFAs) on engagement in securities lending and repurchase transactions (repos). Securities lending is a transaction where…
PenCom Partners TUC To Promote Pension Compliance
BY NGOZI ONYEAKUSI Acting DG, PenCom The Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, has reaffirmed the Commission’s commitment to strengthening collaboration with the Trade…
PenCom Unveils Pension Revolution 2.0 To Enhance Industry’s Growth
BY NGOZI ONYEAKUSI In a sustained effort aimed at repositioning the nation's pension industry for its next phase of growth, resilience, and development, the National Pension Commission (PenCom) has launched…
PenCom bans majority shareholding in multiple PFOs
BY NGOZI ONYEAKUSI New guidelines from the National Pension Commission have banned significant cross-shareholding in multiple licensed Pension Fund Operators. In the guidelines, issued on Friday and which became effective…
AIICO Deepens Bonds With Retirees, Holds Annuity Forum in Lagos, Port Harcourt
BY NGOZI ONYEAKUSI AIICO Insurance Plc, Nigeria’s leading composite insurer, today hosted another successful edition of its Annuity Forum, a yearly engagement platform designed to strengthen ties with its…
PenCom To Redesign Micro Pension Plan To Deepen Financial Inclusion
BY NGOZI ONYEAKUSI The National Pension Commission has reiterated that it will redesign the Micro Pension Plan to boost financial inclusion especially in the informal sector. This was disclosed…
Pension fund Reporting Guidelines To Enhance Uniformity, transparency — PenCom
BY NGOZI ONYEAKUSI The National Pension Commission (PenCom) has said that newly introduced pension fund reporting guidelines will ensure uniformity in calculating and reporting pension fund performance. According to the…
Recovery of N4.57bn PensionContributions, PenOp Reminds Employers of Legal Obligations
FROM NGOZI ONYEAKUSI PenOp CEO, Agudah Following recovery of pension contributions from defaulting employers, the CEO of Pension Fund Operators Association of Nigeria (PenOp), Oguche Agudah, has reminded employers of…
PenOp Hosts Session on Liver Damage Prevention and Management
The Pension Fund Operators Association of Nigeria (PenOp) recently hosted an insightful knowledge-sharing session on liver damage, its prevention, and management. The virtual session, which was introduced by Adaobi Okoye,…
NLC Protest: PenCom Describes Allegations As Incorrect
BY NGOZI ONYEAKUSI The National Pension Commission (PenCom) has responded to the Nigeria Labour Congress (NLC) on recent issues raised on the management of workers’ pension funds and non-inauguration of…
