PenCom Broadens Investment Window for PFAs Amid Limited Domestic Options, Operational Constraints
. Grants two-year regulatory forbearance to boost pension fund returns
Ndubuisi Francis and James Emejo in Abuja
The National Pension Commission (PenCom) has extended its regulatory forbearance, allowing Pension Fund Administrators (PFAs) to invest pension assets in a broader range of securities issued by the parent companies of their respective Pension Fund Custodians (PFCs).
Specifically, PenCom announced a 24-month extension of its regulatory forbearance to allow PFAs to invest in a broader range of securities issued by the parent companies or HoldCos of their respective PFCs.
