Premium Pension Limited
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| Company type | Public company |
|---|---|
| Industry | Financial services |
| Founded | Nigeria, 2005 |
| Headquarters | , |
Key people | Gen. Bitrus Kwaji (Chairman), Hamisu Bala Idris (Managing Director/Chief Executive Officer, MD/CEO) |
| Products | Retirement Savings Account, Legacy Asset Management, Pension Advisory Service, Cross Border Pension Plans and Voluntary Contribution. |
| Website | www |
Premium Pension Limited' (PPL) is a leading Pension Fund Administrator (PFA) in Nigeria[1] which provides a range of products and services to clients based in all 36 states of Nigeria, including the F.C.T.[2] Premium Pension Limited is licensed by the National Pension Commission in December 2005, under the new Pension Reform Act, 2004. The company took off in 2005 with an initial share capital of ₦500 million but has grown to a total shareholders’ funds of ₦1 Trillion.[3]
Premium Pension Limited is organised as a network, comprising six business divisions: Retirement Savings Account,[4] Additional Voluntary Contribution (AVC),[5] Legacy Asset Management,[6] Pension Advisory Service[7] and Cross Border Pension Plan[8]