Agusto & Co upgrades CrusaderSterling Pensions to AA-(PFM)

Pan African rating agency Agusto & Co has upgraded CrusaderSterling Pensions Limited to AA- (PFM) rating reflecting its robust investment capabilities, effective pension administration, and sound risk management practices.

Confirming the new rating, CrusaderSterling Pensions management said the upgrading is coming barely 14 months after its previous rating of A+ (PFM).

“This commendation comes a mere fourteen months after the receipt of our A+(PFM) rating in 2024, further enhancing our legacy as the first Pension Fund Administrator (PFA) to have been assigned a Pension Fund Manager rating of “A” by Agusto & Co. in 2018.”

The PFA noted that its previous A+(PFM) rating was predicated upon significant investments in the automation of key processes related to contributions management and benefits administration.

“Furthermore, our accomplishments are attributed to a proven operational track record, a stable team of experienced professionals, and well-structured investment and risk management frameworks.”

The newly awarded AA-(PFM) rating not only validates the effectiveness of our strategic initiatives but also underscores our commitment to operational excellence and a client-focused approach. It serves as a testament to our on-going progress in delivering value through innovation and efficiency, the fund managers said.

At CrusaderSterling Pensions Limited, our overarching mission of Creating Wealth for Retirement compels us to pursue continual improvement across all areas of our operations, including technology, operational processes, investment strategy, and compliance.

In 2024, Crusader Sterling also attained the ISO 9001:2015 (Quality Management Systems) and ISO 27001:2022 (Information Security Management Systems) certifications. These achievements reinforce our capacity to provide secure, quality, and sustainable services through our digital channels, the company said.

While appreciate its clients for their continued trust and staff, whose dedication and professionalism have made these milestones achievable, it assured that PFA will we remain steadfast in our commitment to delivering sustained value and securing the financial future of all our esteemed customers at it advances into the future.