PFAs urged by PenCom to increase awareness for Micro Pension Plan (MPP)
The National Pension Commission (PenCom) has urged pension fund administrators (PFAs) in the country to set aside a monthly budget for media campaign plans aimed at increasing micro pension plan…
Analysts predict lower demand for equities in H2 2021 by PFAs as appetite for fixed income securities rise
On the back of a sustained crude oil rally, investment sentiment appears to be boosted through the first half of 2021. This year, the price of oil has risen by…
Digital Verification of Retirees in South-West to begin in July 2021 – PenCom
The National Pension Commission (PenCom) has announced that it will begin digital verification and enrollment of prospective retirees in the South-West region by the end of the first week of…
Pension Fund Administrators’ Scorecard In May 2021
In the month of May 2021, the net asset value of the Pension Fund Administrators (PFAs) showed positive growth when compared to their performance in the month of April 2021.…
Mergers loom in the pension industry as minimum capital of PFA is increased
Sources have revealed plan by the pension regulator to increase the capital requirement for Pension Fund Administrators (PFA) in an attempt to steer the biggest sector of its fund management…
Edo partners Sigma Pensions, to deepen implementation of Contributory Pension Scheme in the State
The Edo State Government has committed to strengthening the implementation of the Contributory Pension Scheme (CPS), ensuring that pensioners in the state are well catered for. The Head of Service,…
