PenCom Approves Acquisition Of Access Pension Custodian Limited

The Management of the National Pension Commission (PenCom) has notified the general public and relevant Stakeholders of its approval for the acquisition of Access Pension Custodian Limited by First Pension Custodian Limited.

PenCom in a statement on Monday, September 12, 2022, said, “the acquisition was the culmination of the divestment process by Access Pension Custodian Limited from the pension custody business, transfer of all assets under its custody to First Pension Custodian Limited and the return of its operating license to PenCom.

“The Commission assures Stakeholders and the general public of its continued commitment to the effective regulation and supervision of the pension industry”, the statement said.

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