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Our Services

The principal activity of FPCNL as a pension fund custodian is to provide a wide range of custody services covering our assigned responsibilities under the Pension Reform Act 2014, in addition to our boutique of global services.

We offer our clients a full spectrum of custodial services, all designed to meet their business needs. Our overriding priority is to be the leader in customer services driven by superior customer insight and cutting-edge relationship management.

We have a strong focus on understanding and responding to our customers' various requirements whilst offering bespoke solutions. This is achieved through the efficient use of information technology and a dedicated staff, as well as from various initiatives aimed at developing value-added services.



The suite of services includes, but not limited to the following;

 

  • Pension contributions collection from employers on behalf of the (PFA) for the benefit of the contributors.
  • Investment transaction settlement.
  • Safekeeping of Pension Assets.
  • Corporate Actions across all line of assets.
  • Pension and benefit payment nationwide.
  • Portfolio Valuations.
  • Cash management.
  • Performance measurement and compliance monitoring.

Recently, under the Central Bank of Nigeria license for Money Market and Fixed income instruments, we are authorized to hold other non- core pension assets in custody. This function we have rendered to

  • Asset Management Corporation of Nigeria (AMCON)
  • Non-proprietary assets for Banks, asset Managers and Insurance Companies.
  • Collateral assets of other foreign financial institution.
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