PFAs third pay rise puts insurers on edge
Retirees under programmed withdrawal (PW) managed by Pension Fund Administrators (PFAs) will be getting a third pay rise, called pension enhancement this February 2023, and this has set the…
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Pension Fund Administrators (PFAs)
How data analytics, artificial intelligence will help PFAs enhance customer service
The importance of Artificial Intelligence (AI), Data Analytics and Big Data in helping business drive transformation and customer management has attracted the attention of Pension Fund…
Employers pay higher fines for not remitting staff pensions
Employers that failed to remit their employees’ pensions to their Pension Fund Administrators after deductions are now paying higher penalties, data from the National Pension Commission…
Higher returns seen for pensions on PFAs, PEs’ co-investment
Pension contributors and retirees stand to get higher returns in coming years when Pension Fund Administrators (PFAs) and managers of the funds start to co-invest with private equity firms…
Pension funds, PE firms get green light to co-invest
The introduction of a framework that allows Pension Fund Administrators (PFAs) co-invest with private equity (PE) firms will offer players in the industry an opportunity for diversification…