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PFAs to adopt Business Models for Pension Funds in line with IFRS 9

Spread the loveThe National Pension Commission (PenCom), has given an ultimatum for all pension fund administrators (PFAs) to adopt the business models (BM) developed to guide the investment decisions for…

Stanbic IBTC Pension Managers gets new CEO

Spread the loveStanbic IBTC Holdings PLC (‘the Group’), a member of Standard Bank Group, has announced several key executive appointments across the Group, in a bid to fortify its market…

Total pension assets under CPS increased to ₦12.3tn in 2020– PenCom

Spread the loveTotal pension assets under the Contributory Pension Scheme rose by ₦2.1tn to ₦12.3tn as of the of the 2020 from ₦10.2tn as of the end 2019, latest statistics…

Osun State releases ₦708m to pensioners

Spread the loveA total sum of Seven Hundred and Eight Million Naira (₦708,000,000) has been released by the Osun State governor, Mr Gboyega Oyetola to offset pension arrears of retired…

Electronic Computation of pensioners data to begin in Oyo

Spread the loveThe Oyo State Government has indicated that the electronic computation of data of all pensioners in the state would soon commence in line with the directives of the…

Notice to 2021 FG Retirees: Pre-Retirement Verification/Enrollment to begin in Q1 2021, automated process adopted

The National Pension Commission (PenCom) has issued a press release notifying intending retirees of employees of Treasury Funded MDAs of the Federal Government who are to retire between January and…

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