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Pension operator reveals plan to protect Pension Funds from Naira devaluation

Spread the loveStanbic IBTC Pension Managers Limited, Nigeria’s largest pension fund administrator, has announced that a framework would be put in place soon to protect and grow pension funds by…

Lagos is blazing the trail when it comes to settling pensioners

Spread the loveThrough various means, the Lagos State Government has made conscious efforts to prioritize and see to the welfare of retirees in the state. Despite the revenue shortfall caused…

The EFCC on preventing pension fraud, to sensitize pension stakeholders

Spread the loveFrom October 5 to 6, the Economic and Financial Crimes Commission (EFCC), in collaboration with pension industry stakeholders, will hold a two-day sensitization workshop in Abuja on “Eradication…

Federal Retirees plead with FG to mandate PTAD to pay outstanding benefits

Spread the loveThe Association of Retired Federal Senior Public Officers of Nigeria (ARFESPON) has urged the federal government to compel the Pension Transitional Arrangement Directorate (PTAD) to pay the difference…

Unemployment affects the growth potential of Nigeria’s pension industry

Spread the loveUnemployment is the primary cause of Nigeria’s low participation rate. Pension participation is, in general, a function of income, which is reliant on employment. So it comes down…

House of Assembly in Kastina passes bill to establish the Contributory Pension Scheme in the state

Spread the loveThe House of Assembly of Katsina State has enacted an executive bill to establish a contributory pension program in the state. Governor Aminu Masari submitted the bill, which…

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