Monday, September 15, 2025
23.9 C
Lagos

8 Firms Honoured for Excellence in Retirement Innovation

The United Nations, Singapore’s Central Provident Fund (CPF), The UK National Employment Savings Trust (NEST) and Amundi have all been awarded Pensions & Investments WorldPensionSummit 2017 Innovation Awards.

The winners received their awards at the eighth WorldPensionSummit in The Hague, Netherlands. The Technology award was won by the United Nations Joint Staff Pension Fund, for its creation of a bespoke data handling system, IPAS. Runner up in this category was the Philippines’ Government Service Insurance System.

The CPF won the award for Communications, after the judges recognised the plan’s success in reaching younger members through its #ICanAdult campaign, which reached more than 2 million savers through social media. The runner up was New Zealand’s Kiwi Wealth Limited. NEST took home the Investment, prize, after introducing a fund targeting climate change reduction into its default strategy. The runner up was the Transport for London Pension Fund.

The award for Plan Design went to Amundi Global Servicing for its multi-employer cross border pension plan, which can comply with legislation and regulation in seven different European jurisdictions, reducing cost and complexity for multi-national employers. The runner up was the Natal Joint Municipal Pension/Provident Fund of South Africa. Chris Battaglia, CEO WorldPensionSummit and Group Publisher P&I, said: “Today’s winners and finalists represent a gold standard in the areas of pensions technology, communications, investment and plan design. “Their commitment to raising standards in their markets, and the examples they set to pension plans around the world, is exceptional, and I am proud to be recognising all of them today.”

The P&I WorldPensionSummit Innovation Awards recognise best practice among pension plans and funds worldwide. Winners and runners up are chosen by a panel of experienced global pensions industry figures. It is one of several P&I initiatives to reward high standards in the pensions industry, which also include the Defined Contribution Excellence and Innovation Awards and the “Eddy” Awards, which recognise outstanding efforts in education and communications for retirement plan participants.

spot_img
spot_img

Hot this week

AIICO Insurance Unveils Recycling Project for a Greener Future

  AIICO Insurance Plc is stepping up its commitment to...

New WAIFEM DG, Baba Musa, Plans to Build Next Generation of Economic Leaders

The Director General of the West African Institute for...

39 Graduates Begin Chevron-Intels NC-HCD Programme to Boost Maritime Sector

Capacity building for Nigeria’s maritime sector received a boost...

Ex-Oil Minister, Kachikwu, Seeks Increase of NCI Fund to $1bn, Timeline for Developing Oil Blocks

The former Minister of State for Petroleum Resources, Prof....

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

Topics

Enhancing the VIP experience at sporting events

Elementum nulla turpis cursus. Integer liberos kusto euismod aene pretium faucibus ...

LIRS Meets FMCG, Gaming, Multi-level Marketing Sector on Withholding Tax

L-R: Director, New Growth Areas, Mr Olujimi Aina, Executive...

Tana Africa Offloads 25% Stake in Promasidor for $399m

Investment firm, Tana Africa Capital sold its 25% stake...

Unity Bank Empowers Young Entrepreneurs with ₦16m Business Grant

No fewer than 30 young entrepreneurs have been awarded...

Stanbic IBTC to Groom Future Business Leaders Through YLS

  Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC...

AT&T to Conduct 5G Tests in U.S.

AT&T is asking the FCC for a three-year experimental...

Ecobank Empowers Businesses with Omni Lite Solution

The Managing Director of Ecobank Nigeria, Mr. Patrick Akinwuntan,...

IWD 2023: Interswitch Reiterates Call for Gender Parity

  L-R: Founder/CEO, MH Worklife, Blessing Adesiyan; Founder/CEO, Gush Lifestyle, Deborah Odim; Human...
spot_img

Related Articles

Popular Categories

spot_imgspot_img