Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings PLC, is to hold a webinar tagged “Myth Busters”.

According to the Pension Fund Administrator, the event seeks to provide information regarding various misinformation and myths on pension fund management in Nigeria.

It said the virtual event would hold on November 4th 2021 via the PFA’s social media platforms.

According to the firm, the session promises to give first-hand information on issues relating to pension reforms, investments and micro pensions.

Reiterating the importance of having a pension fund, Chief Executive, Stanbic IBTC Pension Managers, Olumide Oyetunji, noted that the webinar would answer various questions about pension fund operation.

“There are various myths regarding the contributory pensions regime, and these myths have contributed to the negative perception and growth of the pensions industry in Nigeria.

Many individuals have been discouraged from investing in their future through opening retirement savings accounts due to wrong information.

This event aims to correct these erroneous assertions, misconceptions, and myths associated with contributory pensions,” Olumide said.

The Stanbic IBTC Pension Managers CEO, also said having an existing pension fund would ease post-retirement anxieties while reducing retirees’ dependence on their children during their old age.

He noted that as Nigeria’s leading pension fund administrator with proven records and experience, Stanbic IBTC Pension Managers Limited remained committed to ensuring a good and comfortable post-retirement regime for its customers.

“As Nigeria’s biggest pension fund administrator, we have continued to demonstrate our leadership in the nation’s pension industry. With a team of seasoned professionals, we have also continued to ensure that our customers retire in style, devoid of post-retirement anxieties, and we remain committed to this cause,” Olumide added. 

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