Archives for PENSIONS - Page 3
Pensions: Building Long Term Security In Retirement Not Quick Fix
Few issues stir as much passion as pensions. After all, retirement is not some distant concept, it is the very moment when decades of work are meant to translate into…
Capitalisation: PFAs face 15-month deadline to raise N20bnÂ
The National Pension Commission has increased the minimum capital requirements of Pension Fund Administrators and Pension Fund Custodians to N20bn and N25bn, respectively, with a deadline of 31 December 2026…
PenCom orders reporting of dollar pensions above $10,000
 DG, PenCom The National Pension Commission has directed Pension Fund Administrators and Pension Fund Custodians to report all foreign currency pension contributions above $10,000 to the Nigeria Financial Intelligence…
PenCom DG Visits Nigerian Union of Pensioners, Assures Pensioners of Improved Welfare
BY NGOZI ONYEAKUSI The Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, has reaffirmed the Commission’s commitment to strengthening collaboration with the Nigeria Union of Pensioners (NUP)…
PenCom guides PFAs on securities lending, repurchase transactionsÂ
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 PFOsÂ
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…
