This was disclosed in a report released by PenCom in which PenCom noted that the approval was granted to three (3) pension fund operators for the appointments of 6 persons to their Board/Executive Management positions. We are a licensed Pension Fund Administrator with over 13 years of professional experience in Pension Funds Administration. RSA Fund II. Do you like it? FUND V | Jan 07, 2021 ₦1.0661 Admin Fee: ₦21.50 ₦4000 Contributions ₦86.00 ≥ ₦4000 Contributions VIEW HISTORY Making a career change is a … © 2021 Copyright Fidelity Pension Managers Ltd. Powered by #TechInnovate. Diamond Pension Fund Custodian Limited. 0 Read more. 8th January 2021. 2.7172. You need to PORT to CrusaderSteerling. 124 Awolowo Road, Ikoyi,Lagos. 2.4632. 0 review(s) | Pension Fund Custodians The Central Bank of Nigeria (CBN) has released names of six licensed pension custodians. Pension Fund Custodians. PAL forwards Standard Notice of Retirement with the above documents to PENCOM for approval. The main objective of the Data Recapture Exercise is to obtain complete and accurate data of all RSA holders (both active and retired) in line with the … Our Information and Communication Technology facilities, structured with redundancy to ensure continuous (24 hours, 7 days) availability to our clients, are fully installed and tested. Zenith Pension custodian 5. My account officer communicates with me regularly through emails and so far it has been an effective means for me. It is a place where Staff are encouraged to take up responsibilities and take ownership of the business in a bid to grow with the Company. First Bank of Nigeria Ltd is the lead entity of the Commercial Banking business group which includes FBN Bank UK Limited, Banque Internationale de credit (BIC), First Pension Custodian Nigeria Ltd and FBN Mortgages Ltd. 1.3291. UBA Plc is also the parent company for UBA Pension Custodian Limited, UBA Capital (UK) and UBA FX Mart Limited. Daily investment of Pension Fund Asset Daily movement of Funds (Pension Contributions) to foster investment Payment of Management Fees to Pension Operators Payment of Recovery Agent Fees WHT Remittance to FIRS Operations Officer Yes Microfinance Bank Oct 2017 - Feb 2018 5 months. Diamond Pension Fund Custodian Limited. 0 Read more. Our Clients. With the recent recapitalization of Licensed Pension Fund … The custodian shall hold pension fund assets on trust for its clients. Pension Fund Custodian. Please note that when payments are being made, the name of the depositor should be the Employer name. Diamond Pension Fund Custodian Limited (DiamondPFC) is a wholly owned subsidiary of Diamond Bank. UBA Pension Fund Custodian. View History. Retirement Benefits. Phone: +234 1 2713954, 2713680, 7243161, 4613753. How I wish another bulk payment of 25% could be made and the monthly pensions reduced further. First Pensions Custodians Limited RSA Fund V. … Join to Connect. Managing Director/CEO at UBA Pensions Custodian Limited Nigeria 322 connections. Do you like it? University of Lagos UBA Nominee 3. ZPC is run as a separate legal entity in line with global best practices and aims to be the foremost pension fund custodian in Nigeria. Uba Pensions Custodian Limited 3rd Floor, Plot 22b, Idowu Taylor Street Victoria Island, Lagos. UBA Pension; First Pension Custodian; ... Fund Information . 0. Investment Department View History. 124 Awolowo Road, Ikoyi,Lagos Kindly note that all contribution cheques must be in favour of “UBA Pensions Custodian/ARM Pension … The Pension Fund Custodians (PFCs) ... UBA Pensions Custodian Limited. The quest to build a strong domestic and African brand intensified in 2008 when UBA made further acquisitions of two liquidated banks, Gulf Bank and Liberty Bank while at the same time intensifying its African footprint with the establishment of UBA Cameroon, UBA Cote d Ivoire, UBA Uganda, UBA Sierra Leone, and UBA Liberia as well as the acquisition of a 51% interest in Banque Internationale du Burkina Faso, which was the largest bank in the country with 40% market share. Also, my statement of account is sent on request promptly. The elements of the brand are reflected in our Vision and Mission statements. Fund 1. UBA Pensions Custodian Limited (UBA Pensions) is a wholly owned subsidiary of UBA Plc, incorporated in September 2005 in accordance with the Pension Reform Act 2014 (as amended). First Pension Custodian Limited. Ownership Structure Radix Pension Managers Limited has an authorized and paid-up share capital of N1,250,000,000.00 (One Billion, Two Hundred and Fifty Million Naira). Compliance Department Who We Are. Upon deduction from your salary/allowance, your employer will send the total contribution to our Pension Fund Custodian (PFC) –First Pension Custodian in this instance, who will, in turn, notify us. Pension Funds; Pension Schemes; Retirement Advisory Service. According to the list released by the apex bank, the pension contribution would henceforth be in the custody of First Pension Custodian, UBA Nominee, Stanbic Nominee, Zenith Pension Custodian, Diamond Pension Custodian and FCMB Nominee. Managing Director/CEO at UBA Pensions Custodian Limited Nigeria 340 connections. Benefits; Retirees; Termination of Appointment; Enbloc; Voluntary Contribution; RSA Fund I. Network. The National Pension Commission (PenCom) has approved 6 persons to the Board / Executive Management Position of Pension Fund Operators. Nigeria International Bank Nominees Limited 8. UBA has more than 65 years of providing uninterrupted banking operations dating back to 1948 when the British and French Bank Limited (“BFB”) commenced business in Nigeria. Please note that when payments are being made, the name of the depositor should be the Employer name. Stanbic Nominee 4. Unit Price History. No. October 24, 2018. Pension Fund Custodian. We have executed a Technical Assistance agreement with a leading organization in Custody business in Europe to provide capacity building among our team members thereby ensuring global best practices in custody services and operations. 3rd Floor, Plot 22b, Idowu Taylor Street Victoria Island, Lagos. Bank: U.B.A Account Name: UPCL/IEI-ANCHOR PENSIONS RSA CONTRIBUTION A/C Account Number: 1006236132 CALL: 081 6572 2731, 097 000 800 Following Nigeria’s independence from Britain, UBA was incorporated on 23, February 1961 to take over the business of BFB. According to the list released by the apex bank, the pension contribution would henceforth be in the custody of First Pension Custodian, UBA Nominee, Stanbic Nominee, Zenith Pension Custodian, Diamond Pension Custodian and FCMB Nominee. Upon receipt of approval, PAL sends a payment instruction to UBA Pension Fund Custodian to credit client's bank account. CONTACT US. Pension Fund Administrators (PFAs): These are limited liability companies licensed by the National Pension Commission (PenCom) whose sole purpose is to manage and administer pension funds. 1a Tiamiyu Savage Street, Victoria Island, Lagos. 6 Maduike Street, Off Raymond Njoku Street, Ikoyi), PenCom Set To Launch Guidelines For Pension Participation In Residential Mortgage, Best Performing Pension Company Of The Year 2014, Enforcing Remittances of Workers' Pension Contributions, Recapture Exercise Frequently Asked Questions, Promote culture of integrity and professionalism, Provide clear understanding of service requirements of our clients, Invest in providing excellent working environment for our people, Provide technology-driven approach to customer services, Ensure commitment to global best practices. Pension contributions are paid directly to our Pension Fund Custodians (PFCs) - First Pension Custodian, UBA Pensions Custodian and Access Pension Custodian). UBA became the first sub-Saharan bank to take its banking business to North America when it opened its New York Office (USA) in 1984 to offer banking services to Africans in Diaspora. 1. For programmed withdrawal, PAL will compute the lump sum and amount of monthly pension based on the payment template provided by PENCOM. Institute for Government Research and Leadership Technology Award, 2012. 2.4632. First Pension Custodian Nigeria Limited; 3. The principal activity of FPCNL as a pension fund custodian is the provision of custody services covering our assigned responsibilities under the Pension Reform Act 2004 (amended in 2014), in addition to our collection of global services. Along with UBA Plc, the result of the restructuring is three stand-alone entities held directly by the Bank’s shareholders – UBA Capital Plc and Africa Prudential Registrars Plc, which are already listed on the Nigerian Stock Exchange, as well as Afriland Properties Plc, now controlled by independent shareholders. FUND V | Jan 18, 2021 ₦1.0664 Admin Fee: ₦21.50 ₦4000 Contributions ₦86.00 ≥ ₦4000 Contributions VIEW HISTORY Today’s UBA emerged from the merger of then dynamic and fast growing Standard Trust Bank, incorporated in 1990 and UBA, one of the biggest and oldest banks in Nigeria. Fund 1. Related Pages. We have skills and experience to achieve our mission which means world-class and custom tailored custodian services that bring distinctive value to its clients. Network. Below are contact addresses of some pension funds managers/custodians in Nigeria. 1. This was disclosed in a report released by PenCom in which PenCom noted that the approval was granted to three (3) pension fund operators for the appointments of 6 persons to their Board/Executive Management positions. In addition, the law requires that all pension assets are to be held by a licensed Pension Fund Custodian (“PFC”) appointed by the Pension Fund Administrator. These are the current list of PFC’s. 124 Awolowo Road, Ikoyi,Lagos. RSA is a pension account maintained with a Pension Fund Administrator (PFA) followed by the issuance of a unique Personal Identification Number (PIN) by the National Pension Commission (PenCom) and monthly contributions of employer and employee are paid in the ratio 10:8% respectively. Currently, we charge an administrative fee of ₦80 monthly. Diamond Pension Fund Custodian Limited; 2. First Pension Custodian ( No. First Pension Custodian Limited, Access PFC, UBA Pensions were chosen as our PFC’s because of their reputation for safety and security. About Us; Structure of the Commission; Executive Members; MANAGING DIRECTOR: MRS. IDU OKWUOSA. First Nominees Nigeria Limited. … The software, Custody 2000, is fully installed in our systems. UBA PENSIONS CUSTODIAN LIMITED is located in Lagos, Nigeria and is part of the Retirement & Pension Management Industry. The merger was consummated on August 1, 2005, one of the biggest mergers done on the Nigerian Stock Exchange (NSE). 0 Read more. July 13, 2020. FUND V | Jan 07, 2021 ₦1.0661 Admin Fee: ₦21.50 ₦4000 Contributions ₦86.00 ≥ ₦4000 Contributions VIEW HISTORY At UBA Pensions, we deliver best-in-class custodial services. CrusaderSterling Pensions maintains good relationship… Read more ». 5. Proud to be one of the pioneer staff in the organization. Zenith Pension custodian 5. Additional income via Voluntary Contribution (AVC) Portfolio management advice; Investement advice; Deepening the understanding of the Contributory Pension Scheme Developing the Pension Market; Voluntary Contribution … View History. Premium Pension Ltd is one of the first set of Pension Fund Administrators (PFA) licensed by the National Pension Commission (PenCom) in December 2005. Unit Price History. Pension Fund Custodians (PFCs) are responsible for keeping safe custody of pension assets on trust on behalf of contributors. UBA has more than 65 years of providing uninterrupted banking operations dating back to 1948 when the British and French Bank Limited (“BFB”) commenced business in Nigeria. My Career with CrusaderSterling Pensions has availed me the opportunity to learn a lot about the Pensions and Financial industry; I have also been presented with an opportunity to develop myself through constant learning and development programs. DiamondPFC is one of the Five Pension Fund Custodians licensed by the National Pension Commission (PenCom). FCMB Nominee 7. The Groups brand essence of being “Dependably Dynamic” stands firmly on the four pillars of Success, Leadership, Safety, and Security, Enterprise and Service Excellence. The Central Bank of Nigeria (CBN) has released names of six licensed pension custodians. The Bank’s excess real estate assets were used to capitalise Afriland Properties Plc, which was then spun-off, along with Africa Prudential Registrars Plc, to be held directly by the Bank’s shareholders. 4th & 5th floors, Civic Towers, Ozumba Mbadiwe Road, Victoria Island, Lagos. UBA Nominee 3. Maryam Garba Bagel. Do you like it? 0 Read more. Diamond Pension Custodian 6. Nigeria International Bank Nominees Limited 8. Network. 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