Archives for PENSIONS - Page 9
RSA Transfer Window: Enhancing Service Delivery Across Pension Industry
PenCom DG, Aisha Dahir-Umar One of the crucial innovations in the Contributory Pension Scheme (CPS) in Nigeria was the introduction of the Retirement Savings Account (RSA) Transfer, which allows RSA…
PTAD Urges Pensioners To Take Advantage Of ‘I Am Alive’ Confirmation
PTAD logo By Ngozi Onyeakusi---The Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), Dr Chioma Ejikeme has called on pensioners to take advantage of the ongoing ‘I Am Alive’…
Pension Fund Assets Grow By N132.57 bn To N15.58tn In March 2023
Pension Fund By Ngozi Onyeakusi--- The Total Pension fund assets under the Contributory Pension Scheme (CPS) have grown approximately to trillion in March 2023 compared to trillion in February 2923…
Leadway Pensure Offers RSA Holders 25% Residential Mortgage Finance
Leadway Pensure, logo By Ngozi Onyeakusi---Leadway Pensure PFA Limited, one of Nigeria's foremost Pension Fund Administrators (PFAs), has completed a mortgage transfer process to its Enrollee in alignment with the…
Safety of Pension Fund Assets Under CPS: Role of Pension Fund Custodians
The Pension Reform Act (PRA), 2004, which introduced the Contributory Pension Scheme (CPS) for public and private sector employees, was a direct outcome of the efforts to address the challenges…
PenCom steps up efforts at diversifying pension fund investment
DG PenCom The National Pension Commission, PenCom, is stepping up efforts at diversifying investments in pension fund portfolio assets The Director-General, D-G PenCom, Mrs Aisha Dahir-Umar, gave this hint in…
Inflation: PenCom Assures further diversification of investments in pension fund assets
DG PenCom By Ngozi Onyeakusi--- In a bid to ensure that average annual pension fund returns for Retirement Savings Account (RSA) and legacy funds exceed headline inflation, the National Pension…
Workers transferred N663bn to other PFAs – PenCom
PenCom DG, Aisha Dahir-Umar No fewer than 168,768 workers have changed their Pension Fund Administrators and moved Retirement Savings Accounts since the National Pension Commission opened the window of…
Tangerine APT, CrusaderSterling, TrustFund Pension Top RSA Fund 2 Performance
Pension Fund Illustration By Ngozi Onyeakusi---Tangerine APT Pensions Limited and CrusaderSterling Pension Limited have top the list of highest performing firms in Retirement Savings Account (RSA) Fund 11 return on…
PFAs reduce pension funds investment in banks to N1.6tn
PenCom logo The Pension Funds Administrators reduced the funds under the Contributory Pension Scheme that was invested in fixed deposits and bank acceptance to in February. This was as the…
