Home Business Pension PenCom Approves ARM Pension, Access Pensions Merger
Pension

PenCom Approves ARM Pension, Access Pensions Merger

Share
Share

BY NKECHI NAECHE-ESEZOBOR–The National Pension Commission (PenCom), said it has granted approval for the merger between ARM Pension Managers (PFA) Limited and Access Pensions Limited to form a new entity named Access ARM Pensions Limited.

The commission in a statement said the merger is expected to result in the achievement of economies of scale, improved operational efficiency of the new entity as well as improved service delivery to Retirement Savings Account (RSA) Holders.

With the merger, this brings the total number of PFAs to 18.

 

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Inspenonline Summit To Stimulate Interest For Good Retirement

The 2025 Inspenonline Retirement Summit is aimed at stimulating public interest for...

PenCom, NERC Partner To Enforce Pension Compliance By GENCOs, DISCOs

The National Pension Commission (PenCom) has enlisted the support of the Nigerian...

Leadway Pensure Wins 2025 West African Service Excellence Awards To Maintain Three-Year Winning Streak

Leadway Pensure, has  clinched the prestigious West Africa Pension and Lifestyle Company...

N5.51 Trillion Pension Investment Boosting Nigeria’s Real Sector Growth- Says DG PenCom

The Nigerian pension industry has committed a total of ₦5.51 trillion to...