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Premium Pension top peers in absolute Unit Value

Investment One acquires Royal Trust Pension Administrators

Investment One Financial Services Ltd says it has acquired 99.9 percent stakes in Royal Trust Pension Fund Administrators Ltd.

Premium Pension Limited (PPL), one of Nigeria’s leading Pension Fund Administrators (PFAs) in terms of investment return has achieved great milestone in the Nigeria’s pension industry as the leader in returns in investment in terms of absolute unit value.

A review of the website of PFAs as at 30th September reveals the highest value of N5.1416.Further investigation revealed that the performance of Premium Pension is being followed by NLPC Pension Limited and Crusader Pension with absolute unit values of N5.1156 and N50726 respectively. Also, based on our investigation of other PFAs indicates that ARM Pension has achieved N4.7933, IBTC Pension N4.6527 and FCMB Pension N4.5399.

Read also: Pension assets estimated to grow by 8.5% in 2020 despite COVID-19 pandemic

The unit values of other PFAs are PAL Pension with N4.4532, AIICO N4.1548, First Guaranty N4.0614, TrustFund N4.0108, Leadway N4.0025 and Sigma Pensions with N3.8267 as at 30th September, 2020.

The absolute unit value is a measure of fund performance which reflects cumulative investment return on pension contributions overtime with long term strategic focus.