PAL Pensions

PAL Pensions, established in 2005, is a major player in Nigeria's pension fund management industry. With a strong commitment to securing and delivering retirement benefits, it administers and manages employees' retirement savings in compliance with Nigeria's Pension Reform Act of 2004. The company, a joint venture between FSDH Merchant Bank and African Alliance Insurance Company Limited, has emerged as one of the leading Pension Fund Administrators (PFAs) in Nigeria, boasting assets under management of N185 billion as of July 31, 2015.

Catering to diverse segments including the private sector, public sector, and legacy schemes, PAL Pensions specializes in various offerings such as Retirement Savings Account, Retiree Fund, Additional Voluntary Contributions (AVC), Gratuity Fund, and Legacy Fund. Its wide-ranging customer base reflects the company's strong presence and influence in Nigeria's pension industry.

While the headquarters information and recent investment details are currently unavailable, PAL Pensions' dedication to efficiently managing and safeguarding retirement assets positions it as a noteworthy prospect in the financial services sector and in Nigeria's economic landscape.