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Pension Assets To Grow By 8.5% In 2020 – Report

Pension Assets To Grow By 8.5% In 2020 – Report     Assets under the Contributory Pension Scheme have been estimated to record an 8.5 per cent growth in 2020 despite the effect of COVID-19 pandemic. Agusto & Co. stated this in its pension industry report on Tuesday,...

Pension Assets Grew By N1.58trn In One Year

Pension Assets Grew By N1.58trn In One Year   The total pension assets under the Contributory Pension Scheme rose by N1.58trn between 2018 and 2019. Latest figures obtained from the National Pension Commission on Wednesday revealed that the total assets put at N8.63tn at the end of...

Investors Lobby PFAs As Pension Assets Hit N9.8trn

Investors Lobby PFAs As Pension Assets Hit N9.8trn   The total assets under the Contributory Pension Scheme rose to N9.8tn as of the end of November 2019. Latest figures released by the National Pension Commission on Thursday revealed that N7.08tn or 70.88 per cent of the assets...

PFAs To Begin Pension Assets Trading On NASD

PFAs To Begin Pension Assets Trading On NASD   The Managing Director/Chief Executive Officer, NASD, Mr Bola Ajomale, has said that Pension Fund Administrators will start trading on the NASD platform by next year. Ajomale revealed this while speaking during a meeting with the Association of Securities...

PenCom Invests N8.744trn Pension Assets in 24 Asset Classes

PenCom Invests N8.744trn Pension Assets in 24 Asset Classes The National Pension Commission (PenCom), said it invested the accumulated N8.744 trillion pension assets in 24 different asset classes with federal government securities taking the lion share of 72.91 per cent of the total funds. A breakdown...

Micro Pension Scheme To Increase Pension Assets By N3trn – PenCom

Micro Pension Scheme To Increase Pension Assets By N3trn - PenCom The National Pension Commission (PenCom), has said the micro pension scheme which will be launched this month will add additional N3 trillion to the existing N8.45 trillion pension assets. The commission, which also said the...