PFAs invest additional N693bn pension funds in banks

The Pension Fund Administrators invested N693bn funds under the Contributory Pension Scheme in banks in nine months, according to data from the National Pension Commission. PenCom’s unaudited report on pension funds industry portfolio for the period ended September 30, 2021 revealed that the PFAs’ investment in banks rose from N1.53tn as of the end of…


Read More

from Punch Newspapers - Latest News https://ift.tt/34oCxn5
via IFTTT

Comments