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Operators ease pension contributions remittances, schedules collection

Operators ease pension contributions remittances, schedules collection

By Sola Alabadan Senior Correspondent   As part of efforts to make it easy for the employers to remit pension contributions on behalf of their employees, the Pension Fund Operators…

PenCom, operators deliberate on customer service

By Sola Alabadan Senior Correspondent The National Pension Commission (PenCom) is to meet with all licensed pension operators at the Human Resource/Trainers’ Forum for the fourth quarter on Thursday, November…

Strive to achieve secure retirement

By Sola Alabadan Senior Correspondent Plan for retirement It will be helpful to understand that your ability to achieve a secure retirement and live comfortably after your working years depends…

Stanbic IBTC Pension assures on safety of pension assets

The management of Stanbic IBTC Pension Managers Limited says the nation’s pension industry now stands on a stronger foundation, providing safety for the N4.4 trillion pension assets under management. Speaking…

Infrastructure financing: PenCom to amend investment regulation

Stories by Sola Alabadan  / Senior Correspondent   The National Pension Commission (NAICOM) has started reviewing the Regulation on Investment of Pension Fund Assets to accommodate new provisions contained in the…

Infrastructure financing: PenCom to amend investment regulation

Stories by Sola Alabadan  / Senior Correspondent   The National Pension Commission (NAICOM) has started reviewing the Regulation on Investment of Pension Fund Assets to accommodate new provisions contained in the…

Stanbic IBTC Pension assures on safety of pension assets

The management of Stanbic IBTC Pension Managers Limited says the nation’s pension industry now stands on a stronger foundation, providing safety for the N4.4 trillion pension assets under management. Speaking…

Plan for the morning after retirement

Plan to enjoy retirement years After working for about 30 or 40 years, you may wonder what life would be like without a job. At this moment, if you don’t…

Pensioners want arrears payment, creation of pension affairs ministry

By Sola Alabadan  / Senior Correspondent   Pensioners under the old Defined Benefits Scheme (DBS) being managed by the Pension Transitional Arrangement Directorate (PTAD) have called on the Federal Government to…

Plan properly for retirement

Plan for retirement Today’s retirees are more active than ever and those activities require money.  It therefore means you should be making plans to take care of all those things…

Premium Pension honours retiring director

The management of Premium Pension Limited organised a sent forth ceremony for one of its retiring directors, Ibrahim Alhassan Babayo, in Abuja recently in appreciation of his contributions to the…

Make efforts to enjoy retirement

You need retirement plan With the downturn in the economy and the fact that social security does not exist in Nigeria, individuals must be craftier than ever in planning for…

PenCom issues 5, 668 employers’ code in nine months

The National Pension Commission (PenCom) has issued employers’ code to 198, 262organisations as at October13, 2014 to facilitate compliance with the provisions of the Pension Reform Act 2004 now amended…

PTAD to conduct pensioners’ verification, biometric exercise

By Sola Alabadan  / Senior Correspondent   The Pension Transitional Arrangement Directorate (PTAD) intends to conduct the first pensioners’ verification and biometric data capture exercise to establish a comprehensive, authentic and…

Stanbic IBTC Pensions gathers customers’ email

In a bid to foster seamless interface with its customers in an effective manner, Stanbic IBTC Pension Managers Limited has launched a customer email data collection exercise in which customers…

PenCom charged to take corrective actions on failing operators

PenCom charged to take corrective actions on failing operators

By Sola Alabadan Senior Correspondent   The Pension Reform Act 2014 has empowered the National Pension Commission (PenCom) to take proactive corrective measures on licensed pension operators whose situations, actions…

Employer can contribute 20 per cent to pension scheme

By Sola Alabadan Senior Correspondent An employer may agree or elect to bear the full burden of the contributory pension scheme in Nigeria, provided that in such a case the…

Strive to pay yourself back in retirement

By Sola Alabadan Senior Correspondent Plan for retirement  In an era where retiring comfortably on a company pension is practically impossible, the importance of personal retirement savings cannot be overstated.…

Notice to revoke operators’ licence now seven days

Unlike what obtained under the repealed Pension Reform Act 2004 where the National Pension Commission (PenCom) is required to give at least 28 days notice of its intention to the…

Revisiting the CPFA licence issued NNPC

Closed Pension Fund Administrator The Pension Reform Act 2014 provides that any employer in the private sector wishing to manage its pension fund shall apply to the National Pension Commission…

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