According to the circular issued on Monday evening, PenCom said the move is aimed at ensuring more efficient service delivery by PFAs at their branches and service centres. The Pension Reform Act ...

In a circular addressed to all licensed pension fund administrators and signed by PenCom’s Head of the Surveillance Department, A.M. Saleem, the commission directed that BVN must be mandated for ...

National Pension, Commission, PenCom, has lauded the federal government retirees for their patience and understanding over unpaid accrued pensions rights and other benefits. This came as the ...

The National Pension Commission (PenCom) has revealed plans to deploy a new marketing strategy into its Micro Pension Plan (MPP) to onboard 20 million on the scheme before the end of 2026.

The National Pension Commission (PenCom) has introduced stricter guidelines for Licensed Pension Fund Administrators (PFAs) investing in Commercial Papers (CPs). This move aims to enhance risk ...

The National Pension Commission (PenCom) has issued additional requirements for investing in Commercial Papers (CPs) by Pension Fund Administrators (PFAs) in line with its commitment to enhancing ...

PenCom has now mandated the inclusion of the provision of Bank Verification Numbers (BVN) for retirement savings account The instruction is directed at saving accounts of workers of both government ...

The National Pension Commission (PenCom) has directed the provision of Bank Verification Numbers (BVN) for all Retirement Savings Account (RSA) registration and data recapture processes, effective ...

BVN numbers increase in Nigeria after directives from the Central Bank of Nigeria (CBN) and the National Pension Commission (PenCom). Photo credit: Sia Kambou/AFP Source: Getty Images This represented ...