Pencom

December 22, (THEWILL) - Amid prevailing economic hardship across the country, the National Pension Commission (PenCom) has embraced tech-driven initiatives in its regulation of the pension industry. This is in pursuit of its mandate of ensuring that retirement benefits...

October 14, (THEWILL) – Nigeria’s contributory pension scheme (CPS) which marks its 20th anniversary this year (2024) has not only repositioned the pension industry and impacted the economy in a positive way; it has put the apex regulatory body,...

October 02, (THEWILL) – The National Pension Commission (PenCom) has granted approval for the merger between ARM Pension Managers (PFA) Limited and Access Pensions Limited to form a new entity. Announcing the approval in a statement on Tuesday, PenCom...

August 31, (THEWILL) – The National Pension Commission (PenCom) has called on employers to file complete remittance documentation of their employees before December 31, 2023.or face sanctions. PenCom disclosed this in a document on Wednesday sent to concerned employers...

In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilization to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities and Exchange Commission (SEC)...

July 30, (THEWILL) - The National Pension Commission (PenCom) has denied the allegations that its Director-General, Mrs Aisha Dahir-Umar, claimed millions of dollars in estacodes during the COVID-19 lockdown in 2020, describing the allegation as “outrageous falsehood and fiction”. The...

The National Pension Commission (PenCom) has said it is further diversifying investments in pension fund portfolio assets as inflation rates continue to rise. The move is in a bid to ensure that average annual pension fund returns for Retirement Savings...

Stanbic IBTC Holdings Plc paid a total of N159 million as punishment against its subsidiaries for breaching various regulatory guidelines in the 2022 financial year. The penalties were imposed by the Central Bank of Nigeria (CBN), National Pension Commission...

April 09, (THEWILL) - The National Pension Commission (PenCom) has warned members of the public against activities of an illegal group involved in unlawful activities concerning retired workers pension benefits. The group which goes by the name, Association of Pension...

April 03, (THEWILL) – The National Pension Commission (PenCom) has approved the withdrawal of over N1.72 trillion for Pension Fund Administrators to pay Retirement Savings Account (RSA) holders from inception to 31st December 2022. According to PenCom in its...