1396 Results Found
Implementation Guidelines on Retirement Savings Account: Multi-Fund Structure
Ministry of Finance, Budget and National Planning, Nigeria
The objective of these guidelines includes: to achieve an optimum return for pensioner’s savings account; provide adequate investment alternatives for contributors; to ensure the safety of investment assets by achieving adequate portfolio diversification.
Nigeria • 2018 • Finance
Royalty Rates for Minerals Produced in Nigeria
Ministry of Finance, Budget and National Planning, Nigeria
This document list the various rates for mineral produced in Nigeria by the Ministry of Mines and Steel Development.
Nigeria • 2015 • Finance
Revision of the Fees Structure in the Pension Industry
Ministry of Finance, Budget and National Planning, Nigeria
This document is a notification to licensed pension fund managers and stakeholders in the pension industry on the revised fees structure for the pension industry.
Nigeria • 2018 • Finance
Revised Regulation on Retiree Life Annuity Pursuant to the Pension Reform Act, 2014
Ministry of Finance, Budget and National Planning, Nigeria
This Act provides regulation for life annuity business in Nigeria including eligibility of insurance companies; application requirements; payment process; cancellation of Retiree Life Annuity contract; transfer of Retiree Life Annuity funds and assets; death of an annuitant; investment of Retiree Life Annuity funds; custody and safeguard of Retiree Life Annuity Assets; and complaint handling process and other related matters.
Nigeria • 2014 • Finance
Guidelines for the Operations and Supervision of the Pension Transnational Arrangement Department
Ministry of Finance, Budget and National Planning, Nigeria
These guidelines outline the responsibilities and minimum requirements necessary to ensure transparent and efficient operations of the pension transnational arrangement department.
Nigeria • 2009 • Finance
Guidelines for the Operations of Pension Fund Custodians
Ministry of Finance, Budget and National Planning, Nigeria
Following the Pension Reform Act, 2004, this document outlines the procedures for the operations of pension fund custodians and other related matters.
Nigeria • 2017 • Finance
Guidelines for the Publication of Rates of Return on RSA Funds by Pension Fund Administrators
Ministry of Finance, Budget and National Planning, Nigeria
The guidelines outline the standards and requirements for good corporate practices related to the publishing of annual rates of returns by the pension fund administrators.
Nigeria • 2007 • Finance
Guidelines on Voluntary Contribution Under the Contributory Pension Scheme
Ministry of Finance, Budget and National Planning, Nigeria
The objective of these guidelines includes: to establish a uniform set of rules for the operation of voluntary contributions; provide the necessary modalities for withdrawal; utilize voluntary contributions to enhance retirement benefits; to engage retirees to utilize voluntary contributions to increase their existing pensions.
Nigeria • 2018 • Finance
Guidelines on Corporate Governance for Pension Fund Operators (PFOs)
Ministry of Finance, Budget and National Planning, Nigeria
The aim of these guidelines includes: to incorporate best corporate governance practices in PFOs in Nigeria; to promote corporate values and ethical practices in the pension industry; to specify the roles, responsibilities and management of PFOs; and to align the interest of the board, management and shareholders in the pension fund industry.
Nigeria • 2021 • Finance
Major Amendment to the Rules and Regulations of the Securities and Exchange Commission
Ministry of Finance, Budget and National Planning, Nigeria
This document specifies the major amendment to the rules and regulations of the securities and exchange commission. These amendments cover the recording of transactions with clients and the creation of the new rules.
Nigeria • 2021 • Finance
Whistle Blowing Guidelines for Pensions
Ministry of Finance, Budget and National Planning, Nigeria
These guidelines outline the guidance for reporting regulatory breaches in the pension industry. The guidance cover the responsibility for reporting breaches; actions that cause breaches; reaction to breaches; categories of breaches; procedures for whistleblowing; and enforcement and penalties for breaches.
Nigeria • 2008 • Finance
Implementation of the Pension Reform Act, 2004: Guidelines for Transnational Arrangements
Ministry of Finance, Budget and National Planning, Nigeria
These guidelines guide transnational matters in both the private and public sectors. The guidelines cover accrued retirement benefits rights, contribution to schemes, access to a retirement savings account, management of the existing scheme, and the Nigeria Social Insurance Trust Fund.
Nigeria • 2008 • Finance
Penalties for Non-Compliance with Pension Reform Act, 2004
Ministry of Finance, Budget and National Planning, Nigeria
This document list the various compliance standards and the penalties for non-compliance with the pension reform Act.
Nigeria • 2004 • Finance
Guidelines for Appointment to Board and Top Management Positions of Pension Fund Administrators (PFA) and Pension Fund Custodians (PFC)
Ministry of Finance, Budget and National Planning, Nigeria
Following the Pension Reform Act, 2004, these guidelines set out the minimum requirements and qualifications for appointment to boards and top management positions of licensed PFAs and PFCs in Nigeria.
Nigeria • 2009 • Finance
Framework for Micro-Pension Plan
Ministry of Finance, Budget and National Planning, Nigeria
This framework consists of three main strategies: strategies for securing participation in the Micro-Pension Plan; operational modalities for the Micro-Pension Plan; and minimum requirements for participation by licensed pension fund administrators and custodians.
Nigeria • 2018 • Finance
Guidelines for Micro-Pension Plan
Ministry of Finance, Budget and National Planning, Nigeria
These guidelines outline the roles and responsibilities of stakeholders; operational modalities of micro-pension plans; and the minimum requirements for participation by licensed Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs).
Nigeria • 2018 • Finance
Guidelines for Cross Border Arrangements Under the Pension Reform Act
Ministry of Finance, Budget and National Planning, Nigeria
This document highlights the set of conditions and guidelines for expatriate employees in companies registered in Nigeria and Nigerian citizens serving in other countries could participate in the Nigerian contributory pension scheme.
Nigeria • 2008 • Finance
Guidelines for Life Insurance Policy for Employees
Ministry of Finance, Budget and National Planning, Nigeria
This policy provides cover to the insured against death. It outlines the operational terms; death of an employee; missing employee; and the settlement of claims.
Nigeria • 2017 • Finance
Guidelines for the Appointment of Pension Fund Administrators (PFA) and Custodians for Existing Pensions Schemes
Ministry of Finance, Budget and National Planning, Nigeria
The objectives of these guidelines are to: discourage the concentration of pension assets in one or two PFA; ensure dispersion of risk among PFA; discourage the creation of specialization in the pension industry; to ensure higher coverage of the new pension scheme.
Nigeria • 2017 • Finance
Guidelines for Risk Management Framework for Licensed Pension Operators
Ministry of Finance, Budget and National Planning, Nigeria
These guidelines specify the risk management process; the minimum requirements needed for risk management; the reporting requirements; and the roles and responsibilities of the board and senior management.
Nigeria • 2009 • Finance