Retirement: PenCom tasks employers on employees’ benefits

The National Pension Commission (PenCom) has urged employers to provide more benefits to their employees upon retirement. This is against the agitations by some employees and retirees in the public service to be exempted from the Contributory Pension Scheme (CPS), The Director-General, PenCom, Mrs. Aisha Dahir-Umar in a statement, said the pension contributions and Group Life policy, which the Pension[…]



First Bank completes acquisition of Access Pension Fund Custodian Limited

First Bank of Nigeria Holdings Plc has notified the Nigerian Exchange and the investing public that First Pension Custodian Nigeria Limited, a subsidiary of First Bank of Nigeria Limited has completed the acquisition of 100% of the share capital of Access Pension Fund Custodian Limited from Access Bank Plc, having obtained the requisite regulatory approvals. The transaction[…]