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National Pension Commission (PenCom)

Reps to Probe N15 trillion Pension Fund Assets


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The House of Representatives has mandated its Committee on Pensions to investigate the status of pension fund assets, amounting to over N15.5 trillion. The House said this is to ensure that the N10 trillion loaned to the Federal…

Pension fund assets rise by N388bn in Q2-PenCom


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The National Pension Commission (PenCom), has announced that pension fund assets have surged by N388.98 billion to N14.27 trillion in the second quarter (Q2) 2022.   The commission made the announcement in its second quarter 2022 pension…

Reps quiz PENCOM over audited account rendering


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The House of Representatives Committee on Public Accounts has queried the National Pension Commission (PENCOM)) for not rendering audited accounts from 2013 to 2022. Chairman of the Committee, Hon Wole Oke, said that it was wrong that an…

PenCom approves merger, acquisition of pension managers


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The National Pension Commission (PenCom) said it has approved the mergers and acquisitions of some pension fund managers in the country. The regulator, in a statement, said it authorised the acquisition of Investment One Pension Managers…

Pension Fraud: PenCom seeks EFCC’s support


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The National Pension Commission, PenCom, has enlisted the support of the Economic and Financial Crimes Commission, EFCC, in the enforcement of relevant pension laws across the country.  The Acting Zonal Head of the National…