Members

The New Pension Scheme

The new pension scheme covers all employees in the public service of the Federation, the Federal Capital Territory and the private sector of the economy. This new pension scheme is contributory, fully funded, privately managed, third party custody of the funds and assets and based on individual accounts.

The entire pension landscape is privately managed by a group of licensed companies which fall into one of the following, according to their role, structure and mode of operation.

Pension Fund Administrators (PFAs)

The new pension scheme requires pension funds to be privately managed by licensed Pension Fund Administrators. Pension Fund Administrators (PFAs) have been duly licensed to open Retirement Savings Accounts for employees, invest and manage the pension funds in a manner as the Commission may from time to time prescribe, maintain books of accounts on all transactions relating to the pension funds managed by it, provide regular information to the employees or beneficiaries and pay retirement benefits to employees in accordance with the provisions of the Pension Reform Act 2004.Before it is issued with an operating licence, the PFA must be a limited liability company whose sole object is the management of pension funds. To discourage frivolous applications and to ensure credibility, such company must have a paid up share capital of N150, 000,000 and demonstrate professional capacity to mange pension funds and administer retirement benefits.

AIICO PENSIONS MANAGERS LIMITED
ADDRESS: Plot 2, Oba Akran Avenue, Ikeja, Lagos
PHONE NUMBER & FAX: 01-2624667, 01-2625003, 01-2624174 (Fax)
E-MAIL ADDRESS: info@aiicopension.com
WEBSITE: http://www.aiicopension.com

APT PENSIONS FUND MANAGERS LIMITED
ADDRESS: Plot 266 Cadastral AO, Central Business District, Garki, Abuja
PHONE NUMBERS & FAX: 08077090000, +234 9 4614400-29, +234 9 2340096 (Fax)
E-MAIL ADDRESS: info@aptpensions.com
WEBSITE: http://www.aptpensions.com

  1. ARM PENSIONS MANAGERS LIMITED

ADDRESS: No. 5, Mekunwen Road, Off Oyinkan Drive, Ikoyi, Lagos
PHONE NUMBER: 01-2715005, 01-2692097, 01-7737432, 01-2715061
E-MAIL ADDRESS: info@armpension.com
WEBSITE: http://www.armpension.com

CRUSADER STERLING PENSIONS LIMITED
ADDRESS: No. 14, Keffi Street, South West Ikoyi, Lagos
PHONE NUMBER: 01-2713800-4, 01-2713813
E-MAIL ADDRESS: info@crusaderpensions.com
WEBSITE: http://www.crusaderpensions.com

  1. FCMB PENSIONS LIMITED

ADDRESS: No. 207, Zakariya Maimalari Street, Cadastal AO, Central Business District, Abuja
PHONE NUMBER: +234 9 4613501-3, +234 9 6738002
E-MAIL ADDRESS: info@fcmbpensions.com
WEBSITE: www.fcmbpensions.com

  1. FIDELITY PENSIONS MANAGERS

ADDRESS: 2 Adeyemo Alakija Street, Victoria Island, Lagos
PHONE NUMBER & FAX: 01-4626963, +234 9 4626968/69, +234 9 6720547, 01-4626966 (Fax), +234 9 5239434 (Fax)
E-MAIL ADDRESS: info@fidelitypensionmanagers.com
WEBSITE: http://www.fidelitypensionmanagers.com

  1. FIRST GUARANTEE PENSION LIMITED

ADDRESS: Adebola House, 3rd Floor, 38/40, Opebi Road, Opebi- Ikeja, Lagos
PHONE NUMBER: 01-2715500, 01-274175-9, 01-2610366, 01-2613413
E-MAIL ADDRESS: info@firstguaranteepension.com
WEBSITE: http://www.firstguaranteepension.com

  1. IEI-ANCHOR PENSION MANAGERS LIMITED

ADDRESS: No. 22, Otukpo Street, Off Gimbiya Street, Area 11, Garki, Abuja
PHONE NUMBER: 08078450652, 08165722731, +234 9 7831663 – 4
E-MAIL ADDRESS: cservice@ieianchorpensions.com.ng
WEBSITE: http://www.ieianchorpensions.com.ng

  1. INVESTMENT ONE PENSION MANAGERS LIMITED

ADDRESS: Plot 871, Tafawa Balewa Way, Opposite NICON Luxury Hotel, Garki Area 11, Abuja
PHONE NUMBER: +234 9 2194381, +234 9 7802508
E-MAIL ADDRESS: enquiries@investment-onepension.com
WEBSITE: http://www.investment-onepensions.com

  1. LEADWAY PENSURE PFA LIMITED

ADDRESS: 121/123 Funsho Williams Avenue, Surulere, Lagos
PHONE NUMBER: 01-2800850, 01-2800900
E-MAIL ADDRESS: info@leadway-pensure.com
WEBSITE: http://www.leadway-pensure.com

  1. NIGERIAN UNIVERSITY PENSION MANAGEMENT COMPANY (NUPEMCO)

ADDRESS: Ground Floor, Abuja Chamber of Commerce and Industry,
KM 8, Umaru Musa Yaradua Express Road, Abuja
PHONE NUMBER: 08082833355, 08138475305
E-MAIL ADDRESS: info@nupemco.com
WEBSITE: www.nupemco.com

  1. NLPC PENSION FUND ADMINISTRATORS LIMITED

ADDRESS: Location: 312A, Ikorodu Road, Anthony, Lagos
PHONE NUMBER: 01-2793580 – 2, 01-7610812, 01-2793583 (Fax)
E-MAIL ADDRESS: info@nlpcpfa.com
WEBSITE: http://www.nlpcpfa.com

NPF PENSION LIMITED
ADDRESS: NPF Pensions House
 Plot 3820, R.B. Dikko street, Off Shehu Shagari Way, Opposite Force Headquarters,
 Central Business District (CBD), Abuja
E-MAIL ADDRESS: info@npfpensions.cominfo@npfpensions.co
WEBSITE: www.npfpensions.com

  1. OAK PENSIONS LIMITED

ADDRESS: 266 Muritala Mohammed Way, Yaba, Lagos
PHONE NUMBER: 01-4616680, 01-4614704-5, 01-2627490-1,
01-2627492 (Fax)
E-MAIL ADDRESS: info@oakpensions.com
WEBSITE: http://www.oakpensions.com

  1. PENSIONS ALLIANCE LIMITED

ADDRESS: Plot 289 Ajose Adeogun Street, Victoria Island, Lagos
PHONE NUMBER: 01-2667710, 01-2667177, 01-2662002
E-MAIL ADDRESS: info@pensionsalliance.com
WEBSITE: http://www.pensionsalliance.com

  1. PREMIUM PENSION LIMITED

ADDRESS: No. 4, Agwu Street, Off Faskari Crescent, Area 3, Garki, Abuja
PHONE NUMBER: 07029128221, +234 9 4615707-9, +234 9 4615700
E-MAIL ADDRESS: info@premiumpension.com
WEBSITE: http://www.premiumpension.com

  1. RADIX PENSION MANAGERS LIMITED

ADDRESS: 26 Adeola Hopewell Street, Victoria Island, Lagos
PHONE NUMBER: 01-2919687-9, 09060001020
E-MAIL ADDRESS: info@radixpension.com
WEBSITE: http://www.radixpension.com

  1. SIGMA PENSIONS LIMITED

ADDRESS: Ground Floor & 4th Floor, Oakland Centre
48 Aguiyi Ironsi Street, Maitama, Abuja
PHONE NUMBER: +234 9 5237787, +234 9 5237816, +234 9 5237787
E-MAIL ADDRESS: info@sigmapensions.com
WEBSITE: http://www.sigmapensions.com

  1. STANBIC IBTC PENSION MANAGERS LIMITED
    ADDRESS: Plot 1678, Olakunle Bakare Close, Victoria Island, Lagos
    PHONE NUMBER: 01-2716000
    E-MAIL ADDRESS: pensionsolution@stanbicibtc.com
    WEBSITE: http://www.stanbicibtcpension.com
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  3. TRUSTFUND PENSIONS LIMITED

ADDRESS: Plot 820/821, Labour House, Behind Ministry of Finance, Central Business District, Abuja
PHONE NUMBER: +234 9 6725777, +234 9 6725946, +234 9 2340112
E-MAIL ADDRESS: enquiries@trustfundpensions.com
WEBSITE: http://www.trustfundpensions.com

  1. VERITAS GLANVILLS PENSIONS LIMITED

ADDRESS: 26 Commercial Avenue, Yaba, Lagos
PHONE NUMBER: 01-4627060, 01-4627067, +234 1 4627087 (Fax)
E-MAIL ADDRESS: info@vgpensions.com
WEBSITE: http://www.vgpensions.com

Pension Fund Custodians (PFCs)

Pension Fund Custodians (PFCs) will be responsible for the warehousing of the pension fund assets. The PFAs shall not be allowed to hold the pension funds assets. The employer sends the contributions directly to the Custodian, who notifies the PFA of the receipt of the contribution and the PFA subsequently credits the retirement savings account of the employee.The Custodian will execute transactions and undertake activities relating to the administration of pension fund investments upon instructions by the PFA. The custodian shall hold pension fund assets on trust for its clients. For the same reason adduced in the case of the PFA, a stakeholder of the Custodian must be a licensed financial institution and have a minimum net worth of N5,000, 000, 000 and a total balance sheet of not below N125, 000,000,000. The shareholders of a Custodian must guarantee the pension fund assets held by it.
    1. ACCESS PENSION FUND CUSTODIAN LIMITED

    ADDRESS: 18 Ahmadu Bello Way, Victoria Island, Lagos
    PHONE NUMBER: 0 1 – 2713680, 01 – 4613652, 01 – 4613754,

  1. 01 – 4613799, 01 – 4613753
    E-MAIL ADDRESS: info@accesspfc.com
    WEBSITE: www.accesspfc.com

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  1. FIRST PENSION CUSTODIAN NIGERIA LIMITED

ADDRESS: 6 Maduike Street, Off Raymond Njoku, Ikoyi, Lagos
ABUJA LIASON OFFICE: 3rd Floor, First Bank of Nigeria Building.
2, Plot 451, Jos Street, Area 3, Garki (+234812648474)
PHONE NUMBER: 01 – 2692896, 01 – 2713019,
01 – 2713217, 01 – 2662721, 01 – 2777840, 01 – 2777801,
01 – 2777800
E-MAIL ADDRESS: info@firstcustodiannigeria.com
WEBSITE: www.firstpensioncustodian.com

  1. UBA PENSIONS CUSTODIAN LIMITED

ADDRESS: 3rd Floor, Plot 22b, Idowu Taylor Street, Victoria Island, Lagos
ABUJA LIAISON OFFICE: 2nd Floor, UBA House,
18, Adetokunbo Ademola Crescent, Wuse II, Abuja
PHONE NUMBER: 01 – 2702627, 01 – 2718000-4
ABUJA LIAISON OFFICE NUMBERS: 08190538105, 08023618859
E-MAIL ADDRESS: info@ubagroup.com
WEBSITE: http://www.ubagroup.com

  1. ZENITH PENSIONS CUSTODIAN LIMITED

ADDRESS: Civic Towers (4th & 5th Floors), Ozumba Mbadiwe Road, Victoria Island, Lagos
PHONE NUMBER: 01 – 2712793, 01 – 2712794, 01 – 2712795
E-MAIL ADDRESS: enquiries@zenithcustodian.com, 
customercare@zenithcustodian.com
WEBSITE: www.zenithcustodian.com

 

Closed Pension Fund Administrators (CPFAs)

Closed Pension Fund Administrators (CPFAs) are a category of Pension Fund Operators Licensed by PENCOM under provisions of the PRA 2014. The CPFA License was granted in accordance with the provisions of Section 51 of the Act, to qualifying owner-managed Pension schemes that existed prior to the Pension Reform in 2004. Even though they CPFAs are regulated by PENCOM, CPFA membership is only open to employees of companies that they represent and not for the general public. Notwithstanding the foregoing, CPFAs are subject to provisions of the PRA and rules of their Approved Existing Schemes, and other guidelines as specified by PENCOM from time to time.

CHEVRON CLOSED PFA LIMITED
ADDRESS: Deep Water Annex Building
2, Chevron Drive, Lekki, Lagos
PHONE NUMBER: 01-2772222, 01-2772222 (Fax), 08023670789
E-MAIL ADDRESS: info@chevron.com/nigeria
WEBSITE: www.chevron.com/nigeria

NESTLE NIGERIA TRUST LIMITED
ADDRESS: 22/24, Industrial Avenue, Illupeju, Lagos
PHONE NUMBER: 01-2798194 (DL) MD, 01-2798184, 01-2798188, 01-2715701 (Fax)
E-MAIL ADDRESS: nestle.pension@ng.nestle.com
WEBSITE: www.ng.nestle.com

NIGERIAN AGIP CPFA LIMITED
ADDRESS: 1, Elsie Femi Pearse, Off Adeola Odeku Street, Victoria Island, Lagos
PHONE NUMBER: 07034161327, 01 4603300 – 29 
E-MAIL ADDRESS: ighojovbe.oghenekaro@naoc.agip.it
WEBSITE: www.eni.com

PROGRESS TRUST CPFA LIMITED
ADDRESS: 1, Abebe Village Road, Iganmu, Lagos
PHONE NUMBER: 01 5801340 – 9, 01-5852067 (Fax)
E-MAIL ADDRESS: info@progresstrustcpfa.com
WEBSITE: www.progresstrustcpfa.com

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  1. SHELL NIGERIA CPFA LIMITED

ADDRESS: 1st Floor, C Wing, Bank of Industry Building,
 23 Marina, Lagos.
PHONE NUMBER: 08070365632 (MD), 01-2601600, 01-2645435 (Fax), 01-2762023 (Fax)
E-MAIL- info@shellnigeria.com
WEBSITE: www.shellnigeria.com

  1. TOTAL (E&P) NIGERIA CPFA LIMITED
    ADDRESS: Plot 35, Kofo Abayomi Street, Victoria Island, Lagos
    PHONE NUMBER: 01-27776230, 01-2776233

E-MAIL ADDRESS: info@totalcpfa-ng.com
WEBSITE: http://www.totalcpfa-ng.com

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