PENCOM

Pension Fund Administrators exposure to FGN Securities and stocks increased to N14.07 trillion in January 2024 as the sector’s current assets hit N19.53 trillion from the previous month N18.36 trillion. The National Pension Commission…

Nigerian Exchange Limited (NGX), in collaboration with the National Pension Commission (PenCom) launched the NGX Pension Broad Index (NGXPENBRD) which provides a broader benchmark for equities investment by the pension industry. The NGX…

The Senior Investment Advisor, Prosper Africa, Cameron Khowsroshahi has canvassed that more of the Nigerian pension fund is invested in the capital market. Currently, 9.32 percent of the N17.92 trillion total pension assets amounting to…

The National Pension Commission (PenCom) has disclosed that a sum of N103,469,914,514.26 was remitted into the Retirement Savings Accounts (RSAs) of 119,865 employees of the 4,487 organisations that were issued Pension Clearance…

The aggrieved staff of the National Pension Commission, (PenCOM), numbering 20 have appealed against the judgment of the National industrial court, (NIC ) over unpaid salaries and unlawful labour practice. The aggrieved staff instituted…

The National Pension Commission (PenCom) has approved 34 mortgage banks for full implementation of the acquisition of residential mortgages by Retirement Savings Account (RSA) holders.

The National Pension Commission (PenCom) has approved the issuance and immediate implementation of the Guidelines on Accessing RSA Balance towards Payment of Equity Contribution for Residential Mortgage by RSA Holders. The commission on…

In furtherance of driving awareness for Pension scheme as well as its usefulness to everyone who wants to retire well, Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, recently launched a robust marketing campaign,…

The National Pension Commission (PenCom) has paid N326.32 billion as retirement benefits to beneficiaries in 2021. The commission in its 2021 annual report explained that the payments comprised retirement benefits and a 25 per cent…

Owing to the impact of covid-19 pandemic which resulted in huge numbers of job loss, the National Pension Commission has approved a total of 5,396 requests from individuals seeking to access 25 per cent of their balance due to temporal loss…