Scheme for formal organizations with less than three employees, informal sector employees and self-employed persons resident in Nigeria to participate in the Contributory Pension Scheme.
No schedules required, contributions are made by the contributor him/her-self.
Contributions are to be pooled and categorized under the Multi-Fund structure as Fund V (5).
Micro pension contributors are able to withdraw 40% from the balance (being their contingent portion) of their contribution once a week after the initial three months
Effective collection of pension contributions is what we are known for. Our processes are highly efficient in ensuring prompt credit of pension remittances into respective contributors' Retirement Savings Accounts (RSA).
Contribution schedules can be sent to firstname.lastname@example.org.
We ensure timely payment of entitlements due to contributors and their beneficiaries as advised by the Pension Fund Administrator and approved by PenCom in consonance with the Pension Reform Act 2014 and other guidelines for the Administration of Retirement and Terminal Benefits issued by the National Pension Commission.
Periodic payments made via Zenith Pensions include Programmed Withdrawals and Pension Annuity.
We process transaction advice(s) received from clients. This includes payment for the purchases of stocks, bonds, T-bills and investments in money market as well as receipt of funds and transfers of assets in the case of sales of such on behalf of our clients. These are done in strict compliance with the investment guidelines released by the PenCom.
We offer speedy conversion of paper certificates of equity into e-securities. This is achieved through effective collaboration with Stockbrokers and Registrars.
We ensure periodic reconciliations with clients, CSCS and other depositories for accuracy of assets under our custody.
Zenith Pensions Custodian ensures timely collection, completeness and maintains impeccable records for all income and benefits accruable on pension fund assets under custody, e.g. dividends, rights issues, bonuses, interest on money market placements and coupons on bonds.
These are events initiated by issuers of securities (equity or debt) which may impact the shareholders positively or negatively. Zenith Pensions Custodian ensures that all corporate actions declared are obtained on time and clients are promptly notified within a stipulated agreed time.
We act on behalf of our clients in exercising their voting rights at Annual General Meetings and other related fora based on specific voting mandates.
ZPC provides safe custody of title documents and clients' investments in the physical vault and central depositories.
Excellent services and effective client relationship management is our hallmark at Zenith Pensions Custodian.
We achieve this through constant engagement with our clients which avails us the avenue to understand their business needs, strategies and for us to offer expected service in addressing same.