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IEI Anchor Pensions assures of better returns in 2018


Managing Director, IEI-Anchor Pension Mnangers Limited, Glory Etaduovie (left); Senator Jonathan Zwingina, Chairman and the Company Secretary, Mrs Femi Onoru, at the firm’s AGM.

IEI Anchor Pensions Limited has unveiled its goals for pensioners and the industry in general in 2018, assuring of improved investments returns, in efforts to further strengthen the industry.

The Managing Director and Chief Executive Officer of the company, Glory Etaduovie, who made the disclosure, said they know they are not among the biggest pension fund administrators, but are smarter and nimble in their responsiveness to client needs.

According to him, the customers are the essence of their existence and will continue to put smiles on their faces, particularly in 2018, by keeping in contact with them through the various channels introduced by the company.

“Our skills, from marketing contributions, investment, benefit payments and retiree management have been horned. There is a lot of ignorance about pension business out there and we will engage in a lot of advisory services too.

“There are lots of permutations and hypothetical assumptions out there that does not take into consideration the economic and political realities and vagaries year-on-year.

“We also charged ourselves to deliver returns that will outplay the inflation rate, thus ensuring we meet the overriding objectives of the pension industry.

“Some people are led back towards preparing for their pension years. Many people only start to prepare for retirement as late as age 45 to 50 years. That is why their agitation and worries are heightened.

“Their quality of living, long before retirement and proactive self-development adds value to what one will be before and at pensionable age.“If we get it right, our agitations will be minimal and pension will be waiting for us and not the reverse alongside much agitation. Remember, they say that the kettle of water you wait for to boil, takes longer.”

“As much as possible, these should be achieved earlier, depending on our strengths and capacity. What is wrong is sitting down and waiting for pension. There is thus a lot of pre and post retirement enlightenment needed,” he said.

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