Pensioners To Make More Money As PenCom To Allow PFAs Trade Pension Contribution On Stock Market

The National Pension Commission has said that it is amending its regulations to allow Pension Fund Administrators to trade pension contributions as securities on the Nigerian stock market.

The innovation was revealed on Wednesday by the Head of Investments Supervision, PenCom, Ibrahim Kangiwa during the Securities Lending Webinar organised by the Nigerian Exchange Limited (NGX) in collaboration with Stanbic IBTC Nominees and CardinalStone Partners, monitored by THE WHISTLER.