Stanbic IBTC reiterates benefits of pension transfer window Stanbic IBTC reiterates benefits of pension transfer window
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Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has urged pension fund contributors to explore the unique opportunities presented by the ongoing Transfer Window to switch their Retirement Savings Accounts to a Pension Fund Administrator (PFA) of their choice.
Magnus Ekwueme, Zonal Manager, Stanbic IBTC Pension Managers, made this assertion recently in an interview while discussing the pension transfer window and its benefits to pension contributors.
Speaking on what contributors should consider when switching from one PFA to another, he said, “Pension fund is a long-term investment asset which needs to be nurtured in safety. He spoke on two critical factors to consider when choosing a PFA; one is sustainable performance, and the other is ownership and management of the PFA.”
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