The Pension Fund Operators Association of Nigeria are just a couple months away to acknowledge the strides the industry has gained since 2004 when President Olusegun Obasanjo, changed the face of pension with the Pension Reform Act 2004. It was an Act that transformed the pension landscape from deficit of over a trillion to a pension asset of over N17.64tr.
The journey of close to 20 years has been undulating, the road map is littered with names of government strategic institutions that have exited and some kicking to make exit without success yet. Despite this down trend, the volume of assets is ballooning with monthly increase in registration.
