PENCOM

A total of 1,877 organisations got the National Pension Commission’s clearance for getting appropriate pension and insurance covers for their employees in the fourth quarter of 2020. This qualifies them to do business with the Federal…

The National Pension Commission says 3.5 million pension accounts have remained unfunded as of the end of December 2020 This is contained in the 2020 fourth-quarter report released by the commission. An unfunded pension account will…

The National Pension Commission says 3.5 million pension accounts have remained unfunded as of the end of December 2020. This is contained in the 2020 fourth-quarter report released by the commission. An unfunded pension…

The Board of Directors of SunTrust Bank Nigeria Limited has elected Mr. Olanrewaju Shittu as Chairman of the Board of the bank. Shittu, who was elected on Thursday at a meeting of the board, replaces Mr. JIbril Aku as chairman. The…

The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) on Tuesday signed a Memorandum of Understanding (MoU) to revise regulation on Retiree Life Annuity and guidelines on Group life Insurance policy. …

The Pension Fund Administrator (PFAs) have invested N7.2 trillion of the total assets under the Contributory Pension Scheme (CPS) in the Federal Government’s securities as at end of May 2020. The National Pension Commission…

AMINA HUSSAINI, Abuja The Securities and Exchange Commission, (SEC) has embarked on a number of initiatives to address time to market and promote ease of doing business. Actin- Executive Commissioner, Operations, Mr.…

The National Pension Commission on Monday directed Pension Fund Administrators to implement pension enhancement for retirees on Programmed Withdrawal under the Contributory Pension Scheme. PenCom’s Head of Corporate Communication, Mr…

The National Pension Commission (PenCom) said the second edition of the enhancement of pension for existing retirees on programmed withdrawal (PW) will commence in February 2020. This development was contained in a statement by the…

AMINA HUSSAINI, Abuja. Following their compliance with regulations on employees contributions, the National Pension Commission (PenCom) has granted a certificate of compliance to AIICO Insurance Plc and 190 firms, paving the way for…