More than nine in ten defined contribution (DC) savers are at “high risk” of not achieving their expected retirement income, the Pensions Policy Institute (PPI) and Centre for Ageing Better warn.
Reps move to bar bank employees from operating foreign accounts Reps move to bar bank employees from operating foreign accounts
• proposed compulsory asset declaration
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Members of the House of Representatives on Thursday expressed support for a bill which seeks to bar bank employees from operating foreign accounts and ensure compulsory asset declaration by bank employees, as part of efforts aimed at stemming corruption in the financial sector.
The lawmakers expressed their support during the debate on a bill which seeks to amend the Bank Employees etc (Declaration of Assets) Act CAP B1 Laws of the Federation 2004 which was enacted on the 26th of September 1986 by the military regime of General Ibrahim Babangida.
More than nine in ten defined contribution (DC) savers are at “high risk” of not achieving their expected retirement income, the Pensions Policy Institute (PPI) and Centre for Ageing Better warn.
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