Pension operators and lawmakers advocate upward review of lump sum payment to retirees
The Pension Fund Operators Association of Nigeria and the Joint Committee for Establishment and Public Service of the Senate and House of Representatives Pension Committees have agreed to review the…
Low pension penetration at 11% worries Contributory Pension Scheme (CPS) operators
Spread the loveStakeholders in the pension sector reviewed the sector’s performance over the weekend, 17 years after its reform and since the introduction of the Contributory Pension Scheme (CPS) in…
Lagos pays over N1 billion to 287 retirees
Spread the loveAccording to the Lagos State Government, over N1 billion has been credited to 287 Retirement Savings Accounts (RSAs). Mr. Babalola Obilana, Director-General of the Lagos State Pension Commission,…
PenOp holds 3rd annual pension retreat for federal lawmakers
Spread the loveThe Pension Fund Operators Association of Nigeria (PenOp) will hold its third retreat tomorrow for the Senate’s Joint Committee on Establishment and Public Service and the House of…
FCMB Group now holds the majority shares of AIICO Pensions
Spread the loveThe deal that increased the FCMB Group’s stake in AIICO Pensions Managers Limited to 60% has now been completed, according to AIICO Pensions, as regulator approvals are now…
SIGMA Pensions launches Non-Interest RSA Fund VI
In a bid to provide retirement savings that are consistent with moral beliefs and values, thereby enhancing ethical investing, Sigma Pensions has launched the non-interest pension fund known as the…
