Industry
Pensions
Advice for pension fund administrators, custodians, employers and contributors under the Pension Reform Act 2014.
Overview
Nigeria’s contributory pension scheme holds a large pool of long-term savings and is closely regulated by the National Pension Commission. We advise pension operators, employers and contributors.
We advise on licensing and corporate matters for pension fund administrators and custodians, investment regulations, transfers and mergers, governance and compliance with PenCom rules, and on employers’ obligations under the Pension Reform Act 2014.
We also advise on pension-related employment matters and represent clients in recovery of unremitted contributions and pension disputes.
What we do
-
Executive Employment Advice
Advising pension fund administrators on executive employment contracts, remuneration and termination, in line with PenCom requirements.
-
Regulation of Managers
Providing guidance on the regulatory framework governing pension fund managers, including licensing requirements, compliance obligations, and reporting standards, to support efficient and compliant operations.
-
Investment Regulation and Portfolio Diversification
Advising on the regulation of investments and portfolio diversification strategies for pension funds, ensuring alignment with statutory requirements, risk management objectives, and long-term financial goals.
-
Licensing
Assisting pension fund managers in obtaining and maintaining the necessary licenses and approvals from regulatory authorities, facilitating smooth operations and regulatory compliance.
-
Investments and Exits
Structuring and negotiating investments and exits for pension funds, including private equity investments, real estate acquisitions, and divestitures, to maximize returns while managing risk and liquidity considerations.
-
Tax Advisory
Providing strategic tax advice on pension fund investments, distributions, and other transactions, optimizing tax efficiencies and minimizing tax liabilities for pension fund managers and their clients.
-
Mergers and Acquisitions
Advising on mergers, acquisitions, and strategic alliances involving pension funds, including due diligence, transaction structuring, and regulatory approvals, to support growth and consolidation in the industry.
-
Litigation and Arbitration
Representing pension fund managers and clients in litigation and arbitration proceedings, including disputes over investment decisions, fiduciary duties, and regulatory compliance, to protect their interests and resolve conflicts efficiently.
-
Compliance and Governance
Assisting pension fund managers in establishing robust compliance frameworks and governance structures to ensure adherence to regulatory requirements and fiduciary obligations, promoting transparency and accountability.