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Home»Pension»PenCom Approves First Pension Custodian Ltd Acquisition Of Access Pension
Pension

PenCom Approves First Pension Custodian Ltd Acquisition Of Access Pension

By Orientalnews StaffSeptember 13, 2022No Comments1 Min Read
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PenCom Approves First Pension Custodian's Acquisition Of Access Pension –  The Whistler Newspaper

Yemisi Izuora

The National Pension Commission (PenCom), has approved the acquisition of Access Pension Custodian Limited by First Pension Custodian Limited.

The acquisition is the culmination of the divestment process by Access Pension Custodian Limited from the pension custody business, transfer of all assets under its custody to First Pension Custodian Limited and the return of its operating license to PenCom.

The Commission assures Stakeholders and the general public of its continued commitment to the effective regulation and supervision of the pension industry.

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