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PFA’s Assets Under Management Up By N1 Trillion

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    the street journal

    By Bankole Orimisan 09 January 2023   |   2:45 am A Pension Fund Administrator (PFA), Premium Pension Limited, has strengthened its financial position in the pension industry, as its Assets Under Management (AUM) increased by over N1 trillion. Premium Pension Limited A Pension Fund Administrator (PFA), Premium Pension Limited, has strengthened its financial position in the pension industry, as its Assets Under Management (AUM) increased by over N1 trillion. The firm’s Head, Corporate Communications, Aliyu Mohammed Ali, disclosed this at the weekend. He said the firm is among three PFAs out of a total number of 19 that are in the trillion-AUM category. According to him, Premium Pension is the first indigenous-owned PFA to attain over N1 trillion AUM without any form of business combination. He stressed that the firm prides itself as a pacesetter on several performance metrics. One such is the attainment of Information Security Management (ISMS) certification ISO 27001 under the auspices of the British Standard Institute (BSI) in 2015 and a second certification from the BSI in Quality Management System (QMS), ISO 9001 in 2018. “With over 775,000 members and over N323 billion benefits payout to over 88,000 beneficiaries since inception, Premium Pension is among the top three operators,” he said. Latest 14 mins ago A Pension Fund Administrator (PFA), Premium Pension Limited, has strengthened its financial position in the pension industry, as its Assets Under Management (AUM) increased by over N1 trillion. 21 mins ago Labour Party (LP) Presidential Campaign Council (PCC) spokesperson, Dr Yunusa Tanko, has advised Nigerians to ignore claims by the opposition that the party does not have polling agents in the northern states. 26 mins ago Security has been beefed up in Damaturu, Yobe State capital, ahead of President Muhammadu Buhari’s visit to the state today. News Agency of Nigeria (NAN) reports that there has been heavy presence of police personnel and those of other security agencies at strategic locations in the capital city. 26 mins ago The International Society for Civil Liberties and Rule of Law (Intersociety) has expressed concerns over recent postings in the Nigerian Army, saying that the exercise and its lopsidedness, less than 45 days to February 25, 2023, presidential poll, constitutes a threat to the election. 40 mins ago Civil society organisations (CSOs) and relevant stakeholders, will on January 17, hold a one-day dialogue to hold politicians accountable to campaign promises. Holding in Abuja, former governor of Ekiti State, Kayode Fayemi, Minister of Interior, Rauf Aregbesola, erstwhile Senate President, Bukola Saraki…

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