5 Pension Funds Companies in Nigeria

Everyone intends to retire at some point. As a result, it is vital to prepare ahead and commit their pension money to a trustworthy third party. Surprisingly, there are numerous pension funds companies in Nigeria to consider before making a final decision. Let’s consider some of Nigerian’s top five pension companies at the moment. 

AXA Mansard Pension Limited

Axa Mansard, based in Victoria Island, Lagos, has been in operations since 2006 and has risen to become one of the country’s largest pension providers. The company’s numerous pension packages are designed to satisfy the needs of its customers based on their business or occupation. Self-employed individuals can also profit from the Micro Pension Plan (MPP) by contributing to their retirement. The MPP is adaptable, practical, and customer-friendly.

Arm Pensions Manager Limited

Arm Pension is a part of the Asset and Resource Management Company Group, a leading investment and pension fund management firm.  The firm is also known for being one of the first pension administrators to be licensed by the National Pension Commission, PenCom.

The firm offers free lectures to seniors in order to educate them about life after retirement. Another advantage of utilising Arms pension administrators is that they provide pension benefits to their retirees in the event of a temporary loss of employment or layoff.

Oak Pensions

The pension firm was founded in 2004 and is a significant pension fund management in Nigeria. The firm is well known for its ability to deploy funds to maximize returns for contributors. They have a 13.47% return rate right now. 

The pension packages include the following:

• Retirement savings account: This is a type of mini-retirement plan account that is used to save for retirements.
• Administration and payment of benefits: This includes monitoring and disbursing rewards to RSA holders. 
• Voluntary contributions: These are additional contributions that you can make as an RSA holder prior to retirement that is added to your balance at retirement or handled independently.  

Leadway Pensure

The head branch of Leadway Pensure, which was founded in 2004, is located in Lagos. Customers love the company because it provides a wide range of flexible and customer-friendly-post-retirement support services.

Leadway also has a well-honed strategy for tracking the overall performance of many financial securities. Leadway protects long-term investment while optimising prospective rewards. 

Crusader Sterling Pension Limited

Since its beginning in 2004, Crusader Sterling has become a household name. In the past, the organisation has also been recognised as Nigeria’s best-performing pension administrator. The company is well-known for its exceptional customer service, which provides consumers with efficient solutions to safeguard their assets. Crusader Sterling’s excellent ranking on investment returns is one of its most appealing features. 

READ ALSO:QUICK TAKE: Nigeria’s FCMB Group Announces Acquisition of AIICO Pension Managers Ltd