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Firm keeps top position on investment returns


AXA Mansard Insurance

AXA Mansard Insurance

The Management of AXA Mansard Pensions Limited has been ranked among the top five in the industry on investment returns between the year 2014 and 2016.

The Assistant General Manager, Business Development, Naomi Aduku, who confirmed this during a media parley in Lagos, described the firm’s mission is to achieve optimum return on invested funds, while ensuring safety of both returns and contributions for the ultimate benefit of contributors.

She added that AXA Mansard Pensions was incorporated in 2006 as Penman Pensions Limited, but last quarter of 2014, the firm acquired a majority interest in Penman Pensions, thereby becoming the majority shareholder with a view to repositioning and transforming the company.

In her words, the firm was licensed to operate as a pension fund administrator to both private and public sector employees, while also offering pension advisory, investment and consultancy services.

The company maintains that its vision is to be a specialist pensions fund administrator’ providing reliable, efficient, secure and compliant services to clients and regulators, even as its services offering includes retirement savings account, pension fund management and pension advisory services.

AXA Mansard Pensions said it has consistently maintained corporate policies and standards designed to encourage good and transparent corporate governance to avoid potential conflicts of interest while promoting ethical business practices.

The company adheres strictly to the National Pension Commission’s (PenCom) Code of Corporate Governance as well as all applicable legislation, regulations and ethical practices.

“The activities of the company are at all times done with the highest standards of professionalism, accountability and integrity with due regard for the interests of all stakeholders. This is the foundation of our history, values and culture as a company for building and sustaining an endurable institution that guarantees profitability and professionalism whilst enhancing shareholders’ value,” the company noted.

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