PenCom raises capital base for PFAs to N20bn, PFCs to N25bn
The National Pension Commission (PenCom) has raised the minimum capital requirement for Pension Fund Administrators (PFAs) from N5billion to N20billion and Pension Fund Custodians (PFCs) from 2billion to N25 billion. The PFAs and PFCs have up to December 31, 2026 while they would subsequently be monitored by the commission every two years based on the […]
PenCom raises capital base for PFAs to N20bn, PFCs to N25bn Read More »
