Kudos to PenCom as PFAs sparkle on 2022 ROI table
By Toyin Aina GLOBALLY, 2022 was a difficult and very challenging year for financial markets. Smarting from the debilitating impact of the COVID-19 pandemic and the ongoing Russia-Ukraine war, Central Banks across the world resorted to monetary policies such as rate hikes, which, in turn, drove bearish sentiments across most asset classes. Nigeria, not being […]
PenCom mulls contributors RSA transfer window — Official
The National Pension Commission (PenCom) is set to allow contributors to move their Retirement Savings Account (RSA) through a transfer window from one Pension Fund Administrator (PFA) to another, provided that it is not more than once in a year. PenCom’s Head of Corporate Communication, Mr Peter Aghahowa, made this known in a statement in […]
PenCom to initiate pension reform act 2014 review
National Pension Commission (PenCom) is set to initiate a review of the Pension Reform Act (PRA) 2014. PenCom’s Head of Corporate Communication, Mr. Peter Aghahowa, made this known in a statement in Abuja on Thursday. He said that the National Assembly repealed the PRA 2004 and enacted the PRA 2014 to address implementation challenges and […]
PenCom reassures contributors of safety pension fund
By Victor Young National Pension Commission, PenCom, has reassured pension contributors and the general public of their safety of the pension fund, even as it assured all clients of the First Guarantee Pension Limited, FGPL, that the company has been returned to normality. In a statement announcing the handover of the Pension Fund Administrator, PFA […]
PenCom ends intervention in First Guarantee Pension
By Victor Young National Pension Commission, PenCom, has announced the end of its regulatory intervention in First Guarantee Pension Limited, FGPL, and has handed over the Pension Fund Administrator, PFA, to its reconstituted Board of Directors headed Alhaji Kashim Imam as Chairman. Other members of the board are TsegbaTerngu, Ahmed Salik, Dr. Pat Asadu, and […]
PenCom hands over First Guarantee Pension Ltd to reconstituted board
The National Pension Commission (PenCom) has handed over First Guarantee Pension Limited, a Pension Fund Administrator (PFA), to a reconstituted board. PenCom’s Head of Corporate Communication, Mr. Peter Aghahowa, who made this known in a statement in Abuja on Monday, said that the commission had dissolved the Interim Management Committee (IMC) it appointed on Aug. […]
