Annuity
An Annuity is a stream of retirement income paid to a retiree by a life insurance company on the basis of a contract between the two parties.
Radix Pension
Radix Pension Managers is a licensed Pension Fund Administrator (“PFA”) by the National Pension Commission (“PenCom”). On February 15, 2017, Radix Capital Partners Limited, a Securities and Exchange Commission (SEC) licensed investment banking firm acquired majority share interest in IGI Pension Managers Limited, a company previously owned by IGI Plc.
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Fund Information
The Contributory Pension Scheme recognizes the uniqueness of the individual, hence the introduction of Personal Identification Number (PIN).
In this regard, the National Pension Commission is putting in place a Micro Pension Scheme (MPS) that is to cater to the informal sector, which has been categorized into three broad segments.