Pension funds now open to FX denominated investments — PenCom
Vanguard – Business | 2025-09-25 05:38
According to a report by Vanguard… •Directs PFAs to report contributions above $10,000 By Rosemary Iwunze As the pension fund continues to grow, hitting N24.6 trillion by June 2025, Pension Fund Administrators, PFAs, now have authorisation to invest part of the funds in foreign currency-denominated instruments. PenCom also directed all PFAs and Pension Fund Custodians (PFCs) to report foreign currency pension […]
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