Pension

Now, users will be able to download Pension Certificates via DigiLocker apptoo. Here’s how to download it in simple steps. DigiLocker is a very safe place to keep all your essential documents in one place. So, next time when you are in a hurry to find an important document, you will avoid the hassle of finding the document as it will be available 24/7 on the DigiLocker app. It is a cloud-based service provided by the Government of India, allowing users to access their authenticated documents virtually. Notably, with…

Rising interest rates are adding to companies’ borrowing costs and triggering higher credit-card bills for consumers. At KFC, they are driving a turnover in senior management.The Louisville, Ky.-based brand’s U.S. chief operating officer, chief financial officer and national field operations director have all notified Yum Brands Inc., YUM -2.65% KFC’s parent, that they will leave the chicken chain at the end of next month, according to company messages viewed by The Wall…

The National Pension Commission (PenCom) says it has approved the acquisition of Access Pension Custodian Limited by First Pension Custodian Limited. FBN Holdings Plc, had through its subsidiary First Pension Custodian Limited, agreed with Access Bank Plc to buy out the latter’s pension subsidiary Access Pension Fund Custodian in a deal involving 100 per cent ownership transfer. In a notice on Monday, PenCom said Access Pension would transfer its assets to First Pension Custodian Limited which is a subsidiary of…

The three levels of values: (1) The poles of the value-orientation dimension self-enhancement versus self-transcendence, (2) the motivational domains, and (3) the values. Note: The values at the third level are limited to those measured in the present study. Credit: Journal of Sustainable Finance & Investment (2022). DOI: 10.1080/20430795.2022.2077291 Individuals who actively choose to save for retirement via so-called…

Nigeria’s biggest lender by assets, Access Holdings, has gotten the greenlight of the approving authority for the bid to acquire the controlling stake in First Guarantee Pension, the financial services group said Monday, after first announcing the deal three months and ten days ago. If the transaction goes through, it will mark the corporation’s sixth takeover in barely one year, all of them but one involving banks outside its home country Nigeria, with its move to acquire Kenya-based Sidian Bank and the pension…

Nigeria’s biggest lender by assets, Access Holdings, has gotten the greenlight of the approving authority for the bid to acquire the controlling stake in First Guarantee Pension, the financial services group said Monday, after first announcing the deal three months and ten days ago. Corporate Profile – First Guarantee Pension If the transaction goes through, it will mark the corporation’s sixth takeover in barely one year, all of them but one involving banks outside its home country Nigeria, with its move to…

The federal government has said it is considering providing incentives such as health insurance to the contributors of its micro pension plans. The micro pension scheme was launched in 2019 to extend the reach of pension to the self-employed and employees of organisations with a minimum staff strength of three, in a bid to provide cover for 30 per cent of the national workforce by 2024. A key goal of the effort is to boost the country’s financial inclusion. At the time, it was projected that the scheme would…

U.S. public pension funds don’t have nearly enough money to pay for all their obligations to future retirees. A growing number are adopting a risky solution: investing borrowed money.As both stock and bond markets struggle, it’s a precarious gamble. U.S. public pension funds don’t have nearly enough money to pay for all their obligations to future retirees. A growing number are adopting a risky solution: investing borrowed money.As both stock and bond markets struggle, it’s a precarious gamble. FOLLOW US ON GOOGLE…

FBN Holdings Plc, through its subsidiary First Pension Custodian Limited, agreed with Access Bank Plc to buy out the latter’s pension subsidiary Access Pension Fund Custodian in a deal involving 100 per cent ownership transfer. The acquisition will ease the path for First Pension Custodian to broaden its footprint in a sector where it has operated for 17 years in charge of safe-keeping of pension assets on behalf of contributors. “The Central Bank of Nigeria and the National Pension…

The National Pension Commission (PenCom) has commenced the recapturing of retirement savings account holders’ data exercise by Pension Fund Administrators. The commission in a statement Thursday said the exercise is for both active contributors and retirees whose data have not been recaptured. The commision had introduced the Data Recapture Exercise (DRE) in August 2019 to facilitate complete, accurate and current data collection of all RSA holders, both active and retired. The DRE is…