PenCom Disclaims Association of Pension Desk Practitioners of Nigeria

The attention of the National Pension Commission (PenCom or Commission) has been drawn to the illicit activities of the Association of Pension Desk Practitioners of Nigeria (ASSOPEP).

PenCom has particularly noted ASSOPEP’s claims of resolving pension issues and assisting retirees in securing their retirement benefits.

The general public is kindly requested to note that the claims by ASSOPEP are entirely false as the Association has no affiliation with the pension industry nor authorization of any kind whatsoever from PenCom.

Moreover, Licensed Pension Fund Operators (LPFOs), who are statutorily mandated to undertake the processing and payment of retirement benefits, are not associated with ASSOPEP in any way.

PenCom, therefore, urges the general public to be cautious of any promise or claim made by ASSOPEP regarding pension and retirement benefits or any other matter relating to the pension industry in Nigeria.

The Commission especially strongly advises workers, retirees, pension desk officers and everyone approached by the Association with claims of consulting with their Pension Fund Administrators (PFAs) and PenCom for guidance and assistance in respect of their retirement benefits to exercise caution as any interaction with the Association is at the individual’s own risk.

PenCom has, in the meantime, reported the activities of ASSOPEP to law enforcement agencies for appropriate action.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Guinea Insurance Surpasses ₦15bn Minimum Capital Requirement in Recapitalisation Milestone

Guinea Insurance Plc has achieved a significant milestone in...

NAICOM Reaffirms Support for Takaful, Microinsurance Growth as Noor Takaful Nears 10th Anniversary

L-R: Dr. Usman Jankara Jimada, Deputy Commissioner Technical, NAICOM;...

BUA Foods Delivers Double Digit Profit as Margin Discipline Drives Growth

  Company advances long term expansion strategy with significant...

Leadway Sounds Alarm on African Swine Fever, Urges Farmers to Strengthen Biosecurity

As concerns grow over recent outbreaks of African Swine...

Ecobank Nigeria Launches Scaling Up!!! Podcast to Champion African Entrepreneurship, Business Growth

Ecobank Nigeria has launched Scaling Up!!!, its flagship business...

Topics

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

SanlamAllianz General Insurance Appoints Jacqueline Agweh as MD/CEO

 SanlamAllianz General Insurance has announced the appointment of Mrs....

AfDB Plans $2m Jobs for Youth in Africa Strategy

The African Development Bank’s Fund for African Private Sector...

Fixit45 Reports Acquisition of Parkit, Unveils Subscription-based VIP Programme

  R-L: Gideon Adepoju, Manager, Growth and Innovation, Gerald Okonkwo,...

Business Journal Named in Top 20 Nigeria Business Blogs Ranking

The Business Journal online (www.businessjournalng.com) platform has been named...

NNPC Declares ₦5.4tn Profit After Tax

NNPC Limited has announced its financial performance for the...

Maersk Accelerates Transformation, Earns $39bn in 2018

Progress on the transformation of A. P. Moller -...

Nestle Nigeria Plc: Strong Revenue, Recovery of Gross Margin in Q2-18

According to Cordros Capital, NESTLE reported 56.9% y/y EPS...
spot_img

Related Articles

Popular Categories

spot_imgspot_img