Tuesday 23 , Oct 2007
FUG PENSIONS LTD LAUNCHES SERVICE TO NIGERIANS NATIONWIDE
Wednesday 8 , Aug 2007
NATIONAL PENSION COMMISSION LICENSES FUG PENSIONS LTD
Wednesday 8 , Aug 2007
FUG PENSIONS Lauches website.
WHAT IS A PENSION FUND ADMINISTRATOR?
WHAT WILL HAPPEN TO THE CONTRIBUTION?
HOW DOES IT WORK?
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1. We open a retirement savings account for each contributor and ensure that a personal identity number (PIN) is given from the PenCom National Data Bank.

2. We invest and manage contributions to maximise growth of the pension funds and assets in accordance with the investment guidelines stated in the Pension Reform Act.

3. We provide a 24/7 customer service support which enables contributors to have access to their account balances and Statements of Account  instantaneously.

4. For programmed monthly/quarterly benefits, we calculate actuarially, the retirement benefits and ensure the prompt payment of retirement & survivor pension benefits as stipulated in the Act.

5. We maintain transparent book of accounts and provide regular  information on our investment strategy, and market returns to employees/beneficiaries and the regulatory authorities.