Sigma Pensions joins high performing PFAs in Q3

Sigma Pensions has been recognized as the second-highest performing Pension Fund Administrator (PFA) in the third quarter of 2021.

With the open window available to switch from one PFA to another, Sigma Pensions high performance has been sustained over the years with data constantly indicating they are a top performer in managing pension funds.

According to a report, the price of the funds as of 30th September 2021 was compared with that recorded as of 30th June 2021, to obtain the best performing funds in the Q3 period

According to the report, three PFA including Sigma Pension coming second were the best performing in the period under review, growing on average by 3.45per cent, 3.17per cent, and 3.14per cent respectively.

The report showed that its returns for RSA Fund I was 3.12 per cent, while RSA fund II stood at 3.47 per cent, fund III was 3.06 per cent and RSA fund IV was 3.03 per cent. This performance surpassed the industry average, which is 2.57 per cent.

Modestus Anaesoronye

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.