Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has affirmed its commitment to the well-being of its customers.
Addressing the 2022 Stanbic IBTC Pension Managers Employers Forum, the Chief Executive of Stanbic IBTC Pension Managers, Olumide Oyetan said that the survival of business enterprises depends on ensuring the general well-being of their staff, and having a pension fund provides an avenue for employers to plan for the future of their employees
The virtual event was themed “Pension Smart: Equipping Your Employees for a Better Future”, and it dissected topical industry issues, and explored new and efficient ways to better serve customers. It is a yearly forum is a broad-based platform created by the Pension Fund Administrator (PFA) to engage employers on current and long-term pension issues, and develop strategies to enable employers continue to offer employees access to high quality pension services as an important part of the total staff benefits (compensation) package.
“For employers, the importance of planning towards the well-being of their employees remains paramount to the survival of such organisations. Having a pension system in an organisation demonstrates the employer’s commitment to the future of its employees”, Oyetan said.
While appreciating employers for the confidence bestowed upon Stanbic IBTC Pension Managers, Oyetan, noted that the organisation has continued to demonstrate its ability to deliver value, being the largest PFA in Nigeria, both in the volume of Retirement Savings Accounts and value of Assets Under Management, based on the 2020 Annual report of the National Pension Commission.
Highlighting the organisation’s capabilities, Oyetan said: “We at Stanbic IBTC Pension Managers have continued to demonstrate excellent leadership in pension management in Nigeria. Through our technological offerings, we have continued to unbundle the challenges associated with pension administration as contributors can access their funds from any part of the country. As an organisation, we remain committed to enabling dreams, expertly managing contributors’ funds, and partnering with stakeholders to develop our industry and economy.
“While we continue to demonstrate this leadership role, we implore contributors who are dissatisfied with services offered by their PFA to take advantage of the ongoing Transfer Window in order to join the Stanbic IBTC Pension Managers family and enjoy the unique solutions and benefits we offer”.