Funds Management
News, analysis and articles on mutual funds, pension funds etc.
PenCom extends pre-retirement verification of FG treasury-funded MDA employees to Q1 2021
PenCom has extended the pre-retirement verification and enrolment for the employees of FG treasury funded MDAs.
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Best performing Mutual Funds in November 2020
Nairametrics reviews the best Mutual Funds in the month of November, judging by their performance.
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RSA Fund II: TrustFund, Radix, 3 others make top five list of PFAs with the highest ROI
The top 5 Pension Fund Administrators with the highest Return on Investment (ROI) for Fund II in November 2020.
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58,800 contributors registered under micro pension plan – PENCOM Report
PenCom has registered 58,800 contributors under Micro Pension plan (MPP), since inception.
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PTAD suspends walk-in verification of pensioners
PTAD has suspended walk-in verification of pensioners at its headquarters and state liaison offices with effect from December 15, 2020.
Read moreDetailsTotal recovered funds since inception sum to N17.73bn – Pencom Report
N17.732 billion has so far been recovered from employers by PENCOM, since the inception of the scheme.
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Pension RSA Holders withdrew N14.97bn for job losses in 2020 – PenCom report
A total of N14.97bn was withdrawn by the RSA holders who were under the age of 50 years in 9...
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Much ado about Cordros Milestone Fund merger
When funds merge, one of them survives while the other is swallowed up by the surviving fund.
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Pension contributions grew by N184.68 bn in Q3 2020
PenCom's Q3 2020 report has revealed a total pension contributions growth of N184.68 billion.
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N213.07m recovered from defaulting employers in Q3 2020 – PENCOM
The sum of N213,071,826.04 was recovered from 13 defaulting employers, according to PenCom's Q3 2020 report.
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