How to choose the right Pension Fund Administrator PFA-Nairametrics

How to choose the right Pension Fund Administrator PFA-Nairametrics

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How to choose the right Pension Fund Administrator PFA.

Your golden years should be an incredibly special time in your life. It is a time when you decide to cut back on work and enjoy some free time. Therefore, your pension should cater to your needs and responsibilities effortlessly.
Such ease can only be possible if your account is managed by the right Pension Fund Administrators (PFA).

How to choose the right Pension Fund Administrator

One common grievance that comes with using the wrong pension manager is enduring late or delayed payments. Of course, this kind of unprofessional behavior will cause you a lot of inconvenience during your retirement; your thoughts of a smooth retirement will be hampered because of one wrong choice.

Your golden years should be an incredibly special time in your life. It is a time when you decide to cut back on work and enjoy some free time. Therefore, your pension should cater to your needs and responsibilities effortlessly.
Such ease can only be possible if your account is managed by the right Pension Fund Administrators (PFA).

How to choose the right Pension Fund Administrator

One common grievance that comes with using the wrong pension manager is enduring late or delayed payments. Of course, this kind of unprofessional behavior will cause you a lot of inconvenience during your retirement; your thoughts of a smooth retirement will be hampered because of one wrong choice.

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Your golden years should be an incredibly special time in your life. It is a time when you decide to cut back on work and enjoy some free time. Therefore, your pension should cater to your needs and responsibilities effortlessly.
Such ease can only be possible if your account is managed by the right Pension Fund Administrators (PFA).

One common grievance that comes with using the wrong pension manager is enduring late or delayed payments. Of course, this kind of unprofessional behavior will cause you a lot of inconvenience during your retirement; your thoughts of a smooth retirement will be hampered because of one wrong choice

Things to look out for when choosing a PFA

-Management Team

The management team is a key factor you must consider when making your choice. Do they have a record of accomplishment in delivering excellent value to their members, efficiently and on time? Do a little research about the Company to find out. The National Pension Commission (Pencom) has a directory of licensed PFAs on their website.
The management team at Premium Pension are seasoned experts with experience in pension fund management. They are committed to delivering strong investment returns and excellent customer support.

Pension advice should also be available to Members. This will give you the right information on retirement planning and actions to be taken. It is crucial that you have a personal pre-retirement and post retirement adviser who will take professional steps that will guarantee financial security during your golden years.

Premium Pension specializes in retirement planning for all their members to enable them achieve their dreams and financial goals. They do this by offering professional advice and free consultations regarding your retirement plan.

-Customer Service

Pension administrators should have a dedicated customer service that is easily available to attend to concerns you might have. You should ask yourself; how accessible are they? Will they be able to solve my concerns quickly? A call to a customer helpline will give you some clarity to these questions.

-Pension Return rate

Apart from delayed payments, relatively low returns on Pension Fund will also give you a tough time. The job of a pension manager is to effectively manage funds in your Retirement Savings Account (RSA). This ensures that your accumulated balance over time grows and outperforms inflation.

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