Home Business PFAs transferred N48 bn pension assets in Q2 2021

PFAs transferred N48 bn pension assets in Q2 2021

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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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