IEI-Anchor Pensions grows AuM by over 18%
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EI-Anchor Pension Managers Limited said that it’s Asset under Management (AuM) rose by 18.6 percent to N109 billion in the 2019 financial year, from N92.9 billion in 2018 financial year.
The Pension Fund Administrator (PFA) said it equally generated 7,965 Retirement Savings Accounts (RSAs) Personal Identification Numbers (PINs) in 2019.
Addressing shareholders at the company’s 2019 annual general meeting held virtually, the Chairman, Senator Rufai Hanga, said that he is optimistic that the coming year will usher in new vistas for further growth of IEI-Anchor Pension Managers Limited, adding that, the company is gearing towards leveraging on the exercise to increase its AuM while exerting no lesser effort to maintain its existing clients.
Simplification of pension remittances good for sector
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