The National Pension Commission (PenCom), has commenced pre-retirement workshop for prospective retirees, who are due to retire in 2020...

A significant growth in the pension industry’s asset size beyond the current value of N9.03 trillion is a new target. But it is riding on the expected...

The National Pension Commission (PenCom), has concluded plans to hold the 2019 Pre-Retirement workshops for staff of Ministries, Departments...

Life insurance operators have generated N328.88 billion premium from benefit annuity since the inception of the Contributory Pension Scheme (CPS).

Right from the first day she stepped into her role as the Acting Director General of the National Pension Commission (PenCom) in April 2017...

An actuarial consultant’s report on the N43 billion underfunded pension liabilities at NITEL bared the impending danger in pensions in Nigeria. Following a memo by Mallam Nasir El-Rufai, Director-General, Bureau for Public Enterprises, at the time, Chief Olusegun Obasanjo’s administration set up the Presidential Committee on Pension Reform to overhaul the entire pension system. A…

Pensioners under the aegis of Nigeria Union of Contributory Pensioners (NUCP), have called for the immediate review of the Pension Reforms Act, with a view to ensuring inclusion of representatives of workers and pensioners under the contributory pensioners into the Board of the National Pension Commission (PenCom). The group alleged that the old pension scheme…

Investors have cited enhanced synergy between the different arms of the financial market and the regulators, as a way of boosting participation of retail shareholders, and attracting more investors into nation’s bourse.

The Retirement Savings Accounts (RSA) remittance data for the fourth quarter of 2019 recently released by the National Pension Commission (PenCom) showed that N15.36 billion has so far been remitted into RSA within the period ...

About 2.5 million civil servants in the country may miss out of the benefits of Group Life Insurance cover, following the inability of 35 states to sign on to the policy, against the mandate of Pension Reforms Act (PRA) 2014.

An Ad-hoc committee of the House of Representatives has queried the Pension Commission (PenCom) over its inability to account for over N766.6 million.

The tasks of building the nation’s economy has been that of twists and turns, facilitated by obvious inefficiency of public institutions that are charged with overseeing most critical areas of development.  Many of these institutions, appear to be constrained by lack of robust enabling legislations to address the constantly emerging challenges that characterise the socio-economic…