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Published NigeriaUpdated

Nigeria: Pencom Directs PFAs, PFCs to Suspend Heirs Life, Great Nigeria's Fresh Annuity Processing

Summary by allAfrica
The National Pension Commission (PenCom), has directed all Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) not to process new Retiree Life Annuities (RLAs) from Heirs Life Insurance Limited and Great Nigeria Insurance Plc, until further notice from the commission.

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allAfrica broke the news in South Africa on Friday, May 23, 2025.
Sources are mostly out of South Africa (1)

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