Guidelines & Regulations

Guidelines & Regulations

FRAMEWORK ON SANCTIONS AND PENALTIES FOR NON COMPLIANCE WITH PRA 2004

FRAMEWORK ON SANCTIONS AND PENALTIES FOR NON COMPLIANCE WITH PRA 2004

Download

FRAMEWORK FOR REGIME OF SANCTIONS AND PENALTIES

This Framework covers operators (i.e. Pension Fund Administrators and Custodians) as well as Employers. It is expected that employee related compliance issues would be handled through their employers and awareness […]

Download

FRAMEWORK AND IMPLEMENTATION GUIDELINES FOR RSA RETIREE FUND

FRAMEWORK AND IMPLEMENTATION GUIDELINES FOR RSA RETIREE FUND

Download

CODE OF ETHICS AND BUSINESS PRACTICES FOR LICENSED PENSION OPERATORS

The requirements of this Code are consistent with the provisions of the Pension Reform Act, 2004 and are also considered enforceable within the industry.

Download

CODE OF CORPORATE GOVERNANCE FOR LICENSED PENSION OPERATORS

The Code of Corporate Governance essentially aims to set out rules based on best practices to guide PFAs (including CPFAs) and PFCs on the structures and processes to be used […]

Download

CODE OF CONDUCT FORM FOR DIRECTORS OF LICENSED PENSION OPERATORS

In furtherance of the need to promote and ensure a high level of ethical standard amongst PFAs, CPFAs, and PFCs, the Commission has issued a Code of Corporate Governance for […]

Download

CIRCULAR ON LAGOS STATE BOND AS AN INVESTIBLE INSTRUMENT

The Lagos State Bond has been granted a no objection for inclusion as an investment instrument.

Download

CIRCULAR ON INCLUSION OF NIGER STATE BOND AS AN INVESTIBLE INSTRUMENT IN THE PENSION INDUSTRY

We write to inform you that the Commission has issued a letter of no objection for inclusion of the N21 Billion Fixed Rate Niger State Bond Series 1 as an […]

Download

CIRCULAR ON DISCLOSURE OF FUNDS UNDER CUSTODY

It has been observed from the review of �company� audited accounts so far submitted by PFCs, that funds under custody are usually not disclosed on the financials.

Download

CIRCULAR ON AUDITED ACCOUNTS

Posting of audited accounts on Operators’ website

Download

CIRCULAR ON RISK MANAGEMENT

The following regulations are hereby issued: Guidelines for Risk Management Framework for Licensed Pension Operators.

Download

CIRCULAR ON ONLINE REGISTRATION BY EMPLOYEES

All employees in the Federal Ministries, Departments, Agencies, Military, Para-Military, Security Establishments and the Federal Capital Territory(FCT) who have opened their Retirement Savings Accounts (RSAs) with their chosen Pension Fund […]

Download

CIRCULAR ON APPOINTMENT OF PFC BY PFA

This Circular is for guidance in terms of the selection and appointment of PFCs. The appointment of PFCs shall be in line with the following guidelines:

Download
Maybeach Technologies Limited