Nigerian financial sector compliance directory — Acts, Regulations, Guidelines and Circulars from PenCom, CBN, NAICOM, SEC and NDPC.
Framework extending pension coverage to the informal sector and self-employed persons, with flexible contributions split into contingent (40%) and retirement (60%) portions.
Extends pension coverage under the PRA 2014 to organisations with fewer than three employees and to self-employed/informal-sector persons, under Section 2(3) of the Act.
Operational guidance for implementing the Multi Fund Structure for Retirement Savings Accounts, effective 2 July 2018.
Notifies licensed pension fund operators and stakeholders of a revised fees structure for the pension industry.
Sets minimum qualification requirements for appointments to the Board and Top Management positions of licensed PFAs and PFCs, pursuant to Section 97 of the PRA 2004.
Minimum IT requirements for licensed Pension Fund Administrators, aimed at a robust, efficient and transparent system supporting the Defined Contribution Pension System.
Governs regulatory reporting of the financial statements of pension funds.
Addresses retirement benefit administration for retiring Heads of Service, Permanent Secretaries, professors and a defined category of political appointees, following the transitio…
Permits sharing of the administration fee charged on State and Local Government employees' RSAs between pension operators and State/LG Pension Bureaux, following persistent request…
Replaced the single-fund structure with life-cycle Funds I–IV (later expanded with Fund V Micro Pension and Fund VI Non-Interest), aligning contributors' risk exposure with age and…
Provides uniform rules and standards for investment of pension fund assets consistent with the PRA 2004; superseded by the 2019 and 2025 amended versions.
Sets ethics and business practice standards for licensed pension operators, enforceable within the industry consistent with the PRA 2004.
This vault is a monitoring aid, not legal advice; always confirm against the regulator's official publication.
