Tag
PENSION FUNDS
News and stories about pension funds
A few weeks ago, many news media organizations published articles on the plan by FGN to borrow a whopping N2 trillion from the pension funds.
FG has concluded plan to borrow N2 trillion from the current N10 trillion pension funds to finance the development of infrastructure.
Pension fund administrators pile up cash in anticipation of withdrawals
Suffice it to be asked: “it is Q2 2019, do you know how your pension fund performed?”.
Nigeria's Pension Fund Index closed the Month of May in negative territory posting a return of -4.12%.
The intensity with which pension funds in Nigeria generate gains for contributors seems to have slowed down towards the end of the first quarter of the year.
The way different people perceive and interpret the involvement of pension funds with financial products issued by the Federal Government has always been a battle of semantics or nomenclature.
Fund Managers Association of Nigeria could not meet their prediction for 2018 which had a number of initiatives by the Association to grow the industry.
In a year When the World’s largest pension fund, the Japanese Government Pension Investment Fund loses 9.1% or...
Over 8.41 million Nigerians have been captured in the Contributory Pension Scheme (CPS), with the number expected to rise as more Nigerians key into the scheme through the micro-pension scheme to be launched between January and March.
Nigerian retirement savings accounts are still managing to add value to pension contributors.
Among the RSA funds the highest positive return for the month was recoded by Veritas Glanvills RSA Pension.