Home Business PFAs transferred N48 bn pension assets in Q2 2021

PFAs transferred N48 bn pension assets in Q2 2021


The total pension assets transferred amongst Pension Fund Administrators as at June last year, stood at about forty-seven point eight billion naira.

The National Pension Commission, stated that it recorded a total of twelve thousand six hundred and eighty-one Retirement Savings Account transfer requests in the first quarter of last year, which ended on March thirty-one.

The commission noted that the figure more than quadrupled the figure recorded in the maiden transfer quarter which ended on December thirty-one Twenty-twenty, with a total number of two thousand seven hundred and ninety-nine Retirement Savings Account.

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