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Guidelines & Regulations

Guidelines & Regulations

CODE OF CORPORATE GOVERNANCE FOR LICENSED PENSION OPERATORS

The Code of Corporate Governance essentially aims to set out rules based on best practices to guide PFAs (including CPFAs) and PFCs on the structures and processes to be used […]

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CODE OF CONDUCT FORM FOR DIRECTORS OF LICENSED PENSION OPERATORS

In furtherance of the need to promote and ensure a high level of ethical standard amongst PFAs, CPFAs, and PFCs, the Commission has issued a Code of Corporate Governance for […]

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CIRCULAR ON LAGOS STATE BOND AS AN INVESTIBLE INSTRUMENT

The Lagos State Bond has been granted a no objection for inclusion as an investment instrument.

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CIRCULAR ON INCLUSION OF NIGER STATE BOND AS AN INVESTIBLE INSTRUMENT IN THE PENSION INDUSTRY

We write to inform you that the Commission has issued a letter of no objection for inclusion of the N21 Billion Fixed Rate Niger State Bond Series 1 as an […]

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CIRCULAR ON DISCLOSURE OF FUNDS UNDER CUSTODY

It has been observed from the review of �company� audited accounts so far submitted by PFCs, that funds under custody are usually not disclosed on the financials.

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CIRCULAR ON AUDITED ACCOUNTS

Posting of audited accounts on Operators’ website

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CIRCULAR ON RISK MANAGEMENT

The following regulations are hereby issued: Guidelines for Risk Management Framework for Licensed Pension Operators.

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CIRCULAR ON ONLINE REGISTRATION BY EMPLOYEES

All employees in the Federal Ministries, Departments, Agencies, Military, Para-Military, Security Establishments and the Federal Capital Territory(FCT) who have opened their Retirement Savings Accounts (RSAs) with their chosen Pension Fund […]

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CIRCULAR ON APPOINTMENT OF PFC BY PFA

This Circular is for guidance in terms of the selection and appointment of PFCs. The appointment of PFCs shall be in line with the following guidelines:

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CIRCULAR ON OPENING RSA WITH PFAs No.3

Opening of Retirement Savings Accounts with Licensed Pension Fund Administrators (PFAs).

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CIRCULAR ON OPENING RSA WITH PFAs No.2

Opening of Retirement Savings Accounts with Licensed Pension Fund Administrators (PFAs) for the implementation of the contributory pension scheme.

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CIRCULAR ON OPENING RSA WITH PFAs No.1

Opening of Retirement Savings Account with Licensed Pension Fund Administrators(PFAs) for the implementation of the contributory pension scheme.

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CIRCULAR ON REQUIREMENTS FOR PFAS WITH FUNDS UNDER MANAGEMENT OF N100 BILLION & ABOVE

The significant growth in the size of pension assets and the changing dynamics of pension business has necessitated the need for the Commission to issue another circular in respect of […]

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