pension funds to engage in more knowledge and information sharing in the coming year

Pension Fund Operators Association of Nigeria (PenOp); at their Annual Media Parley addressed concerns on sensitization of the public by the association.

Mrs Amaka Andy-Azike; the Head of Media, Communications and Branding Committee of Pension Fund Operators Association of Nigeria (PenOp); said knowledge sharing and information dissemination is important to the overall growth of the industry.

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Speaking on the plans for the coming year, Mrs Amaka Andy-Azike said ‘although the pandemic distorted a lot of things on our calendar this year, we have lined up a lot of programs and are looking forward to more media interactions in the coming year.’

She went on further to say, ‘the media and branding committee of PenOp plans to do a lot to improve on knowledge advocacy and information sharing provided that the pandemic gives way to more social interaction.’

‘We plan to have a pension awareness week, like a pension fair where operators attend to individuals on the spot with media partners available for coverage. We also intend to participate in World Saving Day to drive financial inclusion as 11% of the active workforce are enrolled in contributory and micro pension schemes and this number needs to improve’.

She commended the journalists for their contribution towards the growth of the industry and charged them to see themselves as partners for development. She also said that the media parley will not just be an annual event, but PenOp would create more avenues for journalists to meet with industry operators and regulators on an ongoing basis.

PenOp is an independent, non-governmental, non-political and non-profit making body established to promote the operations of the pension industry, provide for self-regulation and ensure that international best practices relating to the industry are observed by the operators registered in Nigeria.

It is the umbrella association for all the Licensed Pension Fund Custodians, Pension Fund Administrators and Closed Pension Fund Administrators (PFCs, PFAs and CPFAs) operating in Nigeria.


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