Are you aiming to retire soon? Or are you a working class individual without a pension plan? We advice you speak to trusted representatives of any of the pension fund managers in the country.
If you are looking for information on these firms, we have researched a list of the top 10 pension companies in the country at the moment that are registered and reliable.
List of 10 Best Pension Companies in Nigeria Today
1. ARM Pensions Manager
Arm & Resources Management Company (ARM) Limited is a leading pension firm in the country that was given licence to operate in 2005. As a dully registered company, they boast of highly experienced professionals that would put you through on any pension plan you want. The company also has a successful record of protecting and growing investments management firms in the country.
2. AXA Mansard Pensions Ltd
AXA Mansard is another major pension fund managers in the country. If you are an employer, you could register all your employees with AXA Mansard. You can open a retirement savings account with the company as an individual. Their pension fund is regarded as one of the best with various packages depending on your need. If you have set retirement goals, the voluntary contribution package will be preferable. They are located at Ahmadu Bello Road in Victoria Island, Lagos.
3. CrusadersSterling Pensions Ltd
CrusadersSterling Pensions Ltd is one of the top leading pension fund administrators that is reliable in the country as of today. It is on record that in 2014, the company was selected as the best performing pension fund administrator in Nigeria and have positive rating on returns on investment (ROI).
One thing we love about this pension firm is the entrepreneurship skills and opportunities they provide, lectures they give retirees on life after retirement and their fund price which is N3.0184 (the highest in the industry). CrusadersSterling also offer options of both retirement savings account and voluntary contributions for employees, counseling their customers on the best retirement plan to opt for.
4. Oak Pensions
Oak Pensions was established by the Pension Reforms Act of 2014. They have since emerged as a trusted pension company and have the following customer friendly products at their disposal:
- Retirement Savings Account
- Defined Benefit Scheme Management
- Voluntary contribution
- Retirement Planning & Advisory Services
Oak Pensions are known to apply modern information technology to their management, operation and investment of pension funds that increases optimal yield to contributors.
5. NLPC Pension Fund Administrator
NLPC PFA had their licence registered as a PFA in 2006 but was Incorporated in 2005. They are also one of the most reputable PFAs in the Nigeria with offices spread across the states of the country.
6. LeadWay Pensure
LeadWay Pensure is another top pension fund administrator licensed by the National Pension Commission to operate in the country. They offer a wider range of customer friendly retirement support service to their numerous customers and currently have one of the largest customer base in Nigeria. LeadWay is also one of the best companies in Nigeria to work for that offer unique pensions fund administration for their staff.
7. FUG Pensions Limited
Future Unity Glanvills (FUG) Pensions is known for their efficient service delivery and excellent customer service. Licensed by the National Pension Commission in 2007, they have an authorized and paid up share capital of N1.5 billion with an enviable track record in the industry providing sound investment for retirement funds. Their office is located at 26 Commercial Avenue, Sabo, Yaba but they have 6 regional offices across the country.
8. Fidelity Pension Managers Limited
Fidelity Pension Managers Limited is a pension management company in Nigeria that has been registered to operate and has been recognized globally as the best PFA in Nigeria. You can use their mobile app to keep track of your pension account easily, set retirement goals a monthly voluntary contribution to your existing pension plan. An advantage of using this pension provider is that during your working years you lose your job, Fidelity Pension Managers will provide you with a fraction of your savings to assist you till you get a new job.
9. Stanbic IBTC Pension Managers
Stanbic IBTC Pension Managers is a pension provider used virtually by most top organizations in Nigeria. This is due to the fact that they have been in the industry for close to 150 years. They were incorporated in 2004 as a subsidiary of Stanbic IBTC Bank. The company has since paid an authorized capital of N1 billion.
They also have a successful track record in money management and protection of customer’s wealth. To contact them for a retirement savings account, you can visit their website and chat with any of their representatives who are always available online or at any of their 217 locations within the country.
10. Sigma Pensions
Sigma Pensions is also one of the best pension funds administrators in the country that is reliable. The company was registered in 2004 and given license to operate as a PFA in 2005. They also offer retirement benefits, fund management and pension advisory services. At present, they have over 600 000 customers on their data base which should increase due to their customer friendly pension scheme which include:
- RSA Fund Management
- Retirees Fund Management
- Definite Benefit Scheme Management
- Voluntary Savings
- Pension Payroll
Retirement is sure for every one, to enjoy your life are retiring you would need a pension plan. The above listed best pension companies are sure to offer you the right pension plan and fund administrator that suits your needs.