Pension remittance failures leave N29.84bn in limbo

Nearly N30 cardinal successful pension contributions is presently stuck with Pension Fund Administrators (PFAs) alternatively of reaching employees’ accounts. The National Pension Commission (PenCom) attributes this N29.84 cardinal backlog to leader errors, specified arsenic inconsistent information and irregular schedules, which forestall the transportation of funds to idiosyncratic Retirement Savings Accounts (RSA). Stanbic IBTC accounts for […]

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