Surpass N19 trillion Target for 2024 Total assets under management of the regulated pension industry in Nigeria has increased by 6% or N1.175 trillion to N19.531...
The Pension Commission (PenCom) has said it slammed N184 million fines on employers found guilty of not remitting their employees’ pension to pension funds administrators (PFAs)....
Some 15,634 workers who retired under the Contributory Pension Scheme (CPS) have withdrawn N7.79 billion funds in their Retirement Savings Accounts (RSA) with their respective Pension...
By Christy Animam The National Pension Commission (PenCom) has sanctioned some employers in the country with N12.1 billion fine for their failure to remit their employees’...
Latest industry statistics by the National Pension Commission (PenCOm) has revealed that pension funds Assets Under Management (AUM) in the country rose to about N15 trillion...
Herbert Wigwes’ led Access Holdings Plc has received approval of the National Pension Commission (PENCOM) and the Federal Competition and Consumer Protection Commission (FCCPC) to acquire...
In its efforts to recover unremitted pension in the country, Pension Commission (PenCom), Nigeria’s topmost regulator of the pension industry, has said it fined 23 employers...
By Ahmed Ayanfe Only 10,541 firms have complied with the country’s statutory laws on compliance with pension and insurance covers and have been cleared to do...
National Pension Commission (PenCom) has announced that up to 20 Pension Fund Administrators (PFAs) were able to meet the April 27 deadline for a Minimum Regulatory...
The National Pension Commission (PenCom) and the Pension Operators Association of Nigeria (PenOp) are planning to provide free health insurance for contributors of the micropension scheme....
The National Pension Commission has vowed to sanction Pension Fund Administrators (PFAs) over the spate of delays in the payment of pension benefits, among other related...
The National Pension Commission (PenCom) has disclosed that as at November, 72,000 participants have been registered under the Micro Pension Plan (MPP). This was disclosed by...
The National Pension Commission (PenCom) has disclosed that Pension Fund Operators (PFOs) in the country generated a total earnings of N109.68 billion in the financial year...
State governments, private employers indicted 5.1 other accounts not properly documented The National Pension Commission has said that a total of 3.5 million retirement savings...
Pensioners received N67.42bn benefits in Q1 – PenCom Pension Fund Administrators (PFAs) in Nigeria paid N67.42 billion retirement benefits to pensioners under the Contributory...
25 defaulting employers cough out N608.55m pension remittance The National Pension Commission (PenCom) has said it recovered N608.55 million from 25 employers who deducted...
‘PenCom working with FG to offset outstanding pension liabilities’ Recently, the director-general of National Pension Commission (PenCom), Mrs Aisha Dahir-Umar, briefed the National Assembly...
PenCom recovers N553.03m from defaulting employers The National Pension Commission (PenCom) has said it recovered N553.03 million from defaulting employers who deducted their workers monthly...
Pension fund assets hit N11.57trn, rise by 11% in 1 year The aggregate value of pension fund assets in Nigeria has recorded significant gain to...
As pension fund assets hits N11.09trn___________________________________ The National Pension Commission (PenCom) has recovered N17.52 billion from employers who deducted monthly pensions from their workers’ monthly salaries...
