Nigeria pension fund administrators and their scorecard in 2020
Pension Fund Administrators in Nigeria posted impressive returns in the year 2020, despite the disruptions caused by the covid-19 pandemic.
Tag: PFAs
Over 12,000 RSA contributors switched PFAs in Q1 2021 as assets gain N33.6 billion
The number of RSA contributors that switched pension administrators in Nigeria hit 12,681 in the first quarter of 2021.
Best Pension Funds in Nigeria for the month of March 2021
Nigerian Pension Fund administrators in the month of March 2021, recovered from the downturn recorded in February to post marginal ...
Best Pension Funds in Nigeria for the month of February 2021
Nigerian Pension Fund administrators in the month of February across the different funds dipped significantly in February 2021
PFAs investment in FGN securities rises by 3.7% in November 2020
RSA registration marginally increased by 0.17% to 9,188,475 as at November 2020.
Pension Fund Administrators in Nigeria and their scorecard
All PFAs for Fund I, II, III, and IV recorded positive returns for the period despite COVID-19 pandemic.
A closer look at the Retirement Savings Account (RSAs)
RSA return is an amount equal to the total pension contribution made, plus investment returns.
Worry for PFAs as pandemic-induced unemployment lowers new pension accounts
Many companies are unable to create new jobs, hence the problem pension fund managers have noticed.
PFAs boost investment in infrastructure to N40.52 billion
The Pension Fund Administrators have increased investments in infrastructure to N40.52 billion, according to the latest PenCom's monthly report.
This is why you should make voluntary contributions to your pension fund
But unless one dies young, retirement must come, and prepared or not, you will face the consequences of retirement and ...
