12 June 2019

Nigeria: Fidelity Pension Underscores Early Retirement Planning

Fidelity Pension Managers Limited, a leading Pension Fund Administrator (PFA) in Nigeria, has reiterated the importance of early retirement planning in building a long-term future.

At its recently-organised, Customers' Interactive Forum, at the University College Hospital (UCH), Ibadan, Oyo State, its Group Head, Operations, Mr. Olumuyiwa Afolabi, assured that the pension manager has made services easy and accessible to all clients to enable them retire happily.

He said the interactive forum became necessary to create the platform to understand the challenges that customers face, and proffer solutions to them.

Customers, who came from in and around Oyo, including staff of the University College Hospital (UCH), and Oluyoro Catholic Hospital, Ibadan, were educated on pension remittance, documentation for benefit payments and the opportunity for Additional Voluntary Contributions (AVC). The Multi-fund structure of the investment funds was also explained in details.

Also officials of the National Identity Management Commission (NIMC), were available to enrol clients, who do not have national identity numbers (NIN) - a core requirement to complete the data recapture in fulfilment of National Pension Commission's (PenCom's) directive to update the records of clients with NIN, and Bank Verification Numbers(BVN).

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