1404 Results Found
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
Guidelines for the Appointment of Pension Fund Administrators (PFA) and Custodians for State Government and Retiree Funds
Ministry of Finance, Budget and National Planning, Nigeria
This document spells out the modalities for the appointment of pension funds administrators and custodians in line with the Pension Reform Act, 2004.
Nigeria • 2009 • Finance
Data Privacy Policy- Nigeria Pension Commission
Ministry of Finance, Budget and National Planning, Nigeria
This policy by the Nigeria Pension Commission on the use of pensioner’s private data covers: the nature and reason for the collection of personal data; consent of data subject; processing and protection of personal data; storage and retention of personal data; disclosure of personal data; governing laws; and violation of data privacy and remedies.
Nigeria • 2018 • Finance
Guidelines for the Operations of Pension Transnational Arrangement Departments
Ministry of Finance, Budget and National Planning, Nigeria
This document outlines the guidelines for the establishment and supervision of pension transnational arrangement departments by the National Pension Commission, outlining the structure and function of the pension departments and other related guidelines.
Nigeria • 2009 • Finance
Framework for Resolution of Failing operators in the Nigerian Pension Industry
Ministry of Finance, Budget and National Planning, Nigeria
This framework for the resolution of failing operators covers the identification and assessment of risk and supervisory concerns; thresholds and supervisory response; monitoring supervisory actions; termination and modification of supervisory actions; and incentives for merging institutions.
Nigeria • 2011 • Finance
Guidelines for Transnational Contributions Fund
Ministry of Finance, Budget and National Planning, Nigeria
These guidelines outline the modalities for the establishment and management of the Transnational Contributions Fund and other related matters.
Nigeria • 2009 • Finance
Framework for the Recovery of outstanding Pension Contributions and Interest Penalty from defaulting employers
Ministry of Finance, Budget and National Planning, Nigeria
The objective of this framework is for a standard and cost-effective procedure for ensuring the recovery of outstanding pension contributions of employees. The Framework covers the identification of employers with outstanding pension contributions; computation of interest penalty; and the appointment of recovery agents.
Nigeria • 2008 • Finance
Guidelines on Direct Real Estate Investments by Closed Pension Fund Administrators and Approved Existing Schemes
Ministry of Finance, Budget and National Planning, Nigeria
The objective of these guidelines is to standardize the procedures adopted by closed pension fund administrators on any intended direct investment in real estate.
Nigeria • 2011 • Finance
Framework for Regime Sanctions and Penalties
Ministry of Finance, Budget and National Planning, Nigeria
The objective of this framework is to define a regime of sanctions and penalties as deterrents to secure maximum compliance with the pension Act. The framework covers monetary penalties, legal proceedings and public censures.
Nigeria • 2008 • Finance
Framework and Implementation Guidelines for RSA Retiree Fund
Ministry of Finance, Budget and National Planning, Nigeria
The objective of these guidelines is to ensure the fund does not diminish; ensure retiree pension does not lose value; ensure retiree funds are exposed to little risk; ensure retiree funds generate income to cope with inflation; to ensure appropriate fees are charged by portfolio managers.
Nigeria • 2009 • 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
Code of Corporate Governance for Public Companies in Nigeria
Ministry of Finance, Budget and National Planning, Nigeria
This code applies to all public companies listed on any securities exchange in Nigeria; all companies seeking to raise funds in the capital market through the issue of securities or seeking listing in the exchange; and other public companies.
Nigeria • 2014 • Finance
Regulations on Investment of Pension Fund Assets
Ministry of Finance, Budget and National Planning, Nigeria
This regulation covers institutional framework; authorized markets for trading; quality of financial assets; conflict resolution; investment limits and performance benchmark; authorized and unauthorized investment and voting rights.
Nigeria • 2017 • Finance
Retiree Pack: A Guide for Retirees Under the Contributory Pension Scheme
Ministry of Finance, Budget and National Planning, Nigeria
The objective of this guide is to ensure retirees make an informed decision on the mode of receiving retirement benefits under the contributory pension system. The guide covers the features and frequently asked questions on the different modes of receiving retirement benefits.
Nigeria • 2020 • Finance