Pension Industry Report and Consumer Survey (Nigeria)
In spite of the macro-economic headwinds experienced in 2016, the Nigeria Pension Industry’s AUM grew by 16%, one percent higher than growth in 2015. Despite the contraction in monthly contributions, growth in AUM was largely driven by the higher yield offered in the fixed income market. Figures from our May 2017 Nigeria Pension Industry Survey reveals 12.1% of respondents have decided to move to another PFA when the transfer window opens whilst 35.4% remain undecided. The level of competition amongst PFAs in Nigeria is set to intensify, with the opening of the transfer window and implementation of the Micro pension Scheme (MPS).
The 80 paged Nigeria Pension Industry Report provides:
The Pension Industry Consumer Survey is a 20 paged document which contains: