Stanbic IBTC Pensions Urged RSA Holders to Engage in Data Recapture Exercise

Stanbic IBTC Pension Managers, one of the leading Pension service provider in Nigeria and a subsidiary of Stanbic IBTC Holding Plc, has pledged quality service to prospective clients as the Retirement Savings Account (RSA) window opens.

The Transfer Window, under the Pensions Reform Act of 2014, is an opportunity for Retirement Savings Account (RSA) holders to switch from one Pension Funds Administrator to another.

As proposed by the National Pension Commission, the RSA window officially opens on November 16, 2020.

The Chief Executive of Stanbic IBTC Pension Managers Limited, Eric Fajemisin said as the foremost pension fund administrator in Nigeria, the company will continue to deliver exceptional customer service experience.

According to Fajemisin: “Our leadership in the industry is a reflection of the continued delivery of quality service through dedicated, focused, and professional staff, who have continued to set the standard for pension fund administration and contributor management in the country.

“Over the years, we have leveraged our deep understanding of corporate governance to build the trust of our stakeholders, and this has positioned us as the largest pension fund administrator in Nigeria by Assets under Management (AUM), worth over N3.5 trillion.

“As managers of the largest Retirement Savings Account Fund in Nigeria, our flagship fund which is the RSA Fund II has consistently outperformed industry peer average.

“This sustainable performance has also ensured our RSA Fund II has remained top three in the last 10 years.

“Furthermore, our Retiree Fund (RSA Fund IV) has consistently maintained an ‘above industry’ performance year on year.

“We are the recipients of many awards, and most recently, were named the ‘2019 Best Asset/Fund Management Company in Wealth and Society in West Africa’ and ‘Most Active Buy-side Participant in the Fixed Income Market’ in the FMDQ 2019 & 2020 GOLD Awards.”

The Chief Executive, Fajemisin, encouraged every RSA holder in the country to engage in the ongoing Data Recapture Exercise, he urged them to take advantage of the Transfer Window and switch to Stanbic IBTC Pension Managers.

Fajemisin further assured old clients and prospective clients of transparency, convenience, and quality service at all times.