01. How does PenCom ensure the soundness of PFAs and PFCs?
PenCom ensures that only fit and proper persons are appointed as Directors and Top Management of the PFAs and PFCs.
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02. What happens if a PFA fails or is liquidated?
Pension funds and assets are kept in safe custody by the PFC and, as such, the liquidation of the PFA
Read more03. What happens where a PFC fails or is liquidated?
The failure or liquidation of a PFC will not affect the pension assets in its custody as it only keeps
Read more04. Can my contributions be used to settle liabilities of a failed PFA or PFC?
Pension funds cannot be used to meet any claim in the event of liquidation, winding up or cessation of business
Read more05. Can an organization own shares in both a PFA and a PFC?
In order to prevent conflict of interest, an organization should not own shares in a PFA and a PFC at
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