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Pension operators Oppose Police Exit from the Contributory Pension Scheme

In a significant legislative move on Tuesday, the Senate successfully passed the Bill for the Establishment of a Police Pension Board. This development follows the recent departure of National Assembly…

Data Recapture Exercise – How to do it

The Data Recapture Exercise (DRE) is an exercise conducted by PFAs or appointed agents which involves recapturing the personal data including biometrics of all existing registered RSA holders who must…

75% Lump-Sum proposal would harm contributors under the CPS – PenOp Warns

The Pension Funds Operators Association of Nigeria (PenOp) has cautioned that a bill proposing a 75% lumpsum payment for retirees under the Contributory Pension Scheme (CPS) would harm contributors under…

Micro Pension Plan: PenCom dissatisfied with the slow pace of growth

Before the official launch of the Micro Pension Scheme (MPP) in March 2019, the National Pension Commission expressed hope that the scheme would triple the volume of pension assets over…

PenOp holds 3rd annual pension retreat for federal lawmakers

The 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 Representatives’ Committee…

PenOp and AVCA collaborate on Development of private equity (PE) in Nigeria

Pension Fund Operators Association of Nigeria (PenOp) and the African Private Equity and Venture Capital Association (AVCA) are in collaboration to empower local investors and develop private equity (PE) as…

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