PenCom approves Gold Receipts for pension funds in major investment reform
The National Pension Commission (PenCom) has unveiled a revised regulation that allows pension funds to gain exposure to gold through ...
Tag: PFAs
PFAs must report pension payments above $10,000 to NFIU in 24hrs – PenCom
The National Pension Commission (PenCom) has directed all Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) to report foreign ...
PFAs channel 72% of investment to fixed income assets in 2023
Pension Fund Administrators (PFAs) in Nigeria favoured fixed income investments over other asset classes in 2023 with a preponderance of ...
Nigerian Pension Industry: You should NOT mark your own investment performance examination papers
Nigerian pension industry has taken the reins of its own performance reporting with the release of PenOp's ‘Inaugural Performance Report’, ...
Best performing Nigerian PFAs in January 2024
Seventeen Pension Fund Administrators (PFAs) in Nigeria printed an average return of 2.81% in the month of January 2024, recording ...
NGX and PenCom collaboration to enhance PFAs equity participation through Broad Index
NGX says its partnership with PenCom will strengthen the participation of PFAs in the equities market through the NGX Pension ...
PenCom Introduces Performance Measurement Benchmarks for PFAs and CPFAs
In a significant stride toward enhancing transparency and accountability within the Nigerian pension fund industry, the National Pension Commission (PenCom) ...
Nigeria’s pension industry surges with 11.6% asset growth, outperforms global trends
As of December 2022, Nigeria's pension asset value experienced significant growth, increasing from N13.4 trillion in 2021 to N14.99 trillion, ...
Number of RSA pension transfers surged by 90% to 92,413 in 2022
A total of 92,413 RSA pension contributors changed their pension fund administrators in 2022, representing a 90.2% increase from 2021
A peep into Pension Funds Administrators’ portfolio (Year-to-date)
PFA’s portfolios remain skewed towards riskless FGN instruments and money market instruments which almost all earn negative real interest rates
