1: Total Pension Fund as at February 2017
The retirement savings account active (RSA) retained its position as the dominant contribution, providing N5.3 trillion and making it 68.1% of the pool. In the same vein, the retirement saving account fund (RSF), contributed N593 billion to the pool, thereby growing by 24.9% to make up 7.6% of the pool. At the same time, the approved existing scheme (APS) and close ended fund contributed N864 billion and N1.029 trillion to the funding, thereby making up 11.1% and 13.2%, respectively.
Pension funds have remained largely immune from the slack conditions witnessed in the labour force. The fund’s relatively low exposure to imitation risk couple with its strong appetite for risked free instrument, especially federal government securities still remain a leg wind to net asset value.
Monday, April 30, 2018
The Lagos Housing Fair themed “Smart Buildings” will commence today.
Tuesday, May 1, 2018
The Lagos Chamber of Commerce and Industry (LCCI) Awards will hold today in Lagos, while the Startup Conference Lagos 2018 #SUCLagos2018 by StartUpPlus Africa holds.
Wednesday, May 2, 2018
The Lagos Business School Executive Breakfast Session will hold today while the Hive Africa - a Global Leaders Program commences in Lagos
Thursday, May 3, 2018
The Africa Youth Leadership & Economic Summit 2018 by the Guardian Newspaper will hold today in Lagos, while AERMP commences its training on Fundamentals of ERM in Financial & Non-Financial Institutions”.
The Creative Communication for CSOs Workshop by BudgIT and CivicHive will hold today in Abuja.
Check out our Events Calendar for event details and follow us on Web, TV, APP and Social Media for updates as the week unfolds. Yours to Serve!
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