November 16, 2020, has been set as the official date for the launching of the Retirement Savings Account transfer system.
LASG has paid about N1.3 billion into the Retirement Savings Account (RSA) of 246 retirees.
PenCom's Acting DG said pension fund managers have been very cautious about where they invest.
Covid-19 and low yield are conniving to rub pension fund managers of a chest-beating performance, and the pension fund investors of blissful retirement.
Pension fund administrators pile up cash in anticipation of withdrawals