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Published on 2025-09-27 12:27:35
The National Pension Commission (PenCom) has reviewed the minimum capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) to strengthen the financial stability of the pension industry.
The commission disclosed this in a circular signed by Mr Saleem Abdulrahman, Director of the Surveillance Department, PenCom.
It said the review was carried out in line with the Pension Reform Act 2014 and global best practices.
The circular stated, “PFAs will now be…
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