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.
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 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.
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.