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PFAS
Nigerian Pension Fund administrators in the month of March 2021, recovered from the downturn recorded in February to post marginal growth.
Nigerian Pension Fund administrators in the month of February across the different funds dipped significantly in February 2021
RSA registration marginally increased by 0.17% to 9,188,475 as at November 2020.
All PFAs for Fund I, II, III, and IV recorded positive returns for the period despite COVID-19 pandemic.
RSA return is an amount equal to the total pension contribution made, plus investment returns.
Many companies are unable to create new jobs, hence the problem pension fund managers have noticed.
The Pension Fund Administrators have increased investments in infrastructure to N40.52 billion, according to the latest PenCom's monthly report.
But unless one dies young, retirement must come, and prepared or not, you will face the consequences of retirement and the lack of earning capacity that comes with it.
PFAs invest N1.49 trillion in treasury bills