Banks, insurance firms withhold N39.21bn pension assets

December 27th, 2009

By Babajide Komolafe Banks and insurance  companies withheld pension assets worth N39.21 billion in 2008, says National Pension Commission. The Commission in its report for 2008 released last week said that this amount comprise legacy pension assets that should have been transferred to licensed pension operators.

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Banks, insurance firms withhold N39.21bn pension assets

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