Norrenberger Pensions Limited

NORRENBERGER PENSION schemes

Micro Pension
Scheme

The National Pension Commission operating under the Pension Reform Act 2014 already has the Contributory Pension Scheme (CPS) running actively for individuals in corporate organizations with 3 or more employees to help them save enough for retirement. These persons have a unique Personal Identification Number (PIN) with which they are identified.

Now, this opportunity has been extended to help low, middle and high income earners in the informal sector save easily by providing a regular flow of income retirement. This sector constitutes the larger percentage of Nigeria’s working population and is perceived to generally have irregular streams of income.
The Contributions are made in Nigerian currency (Naira) and could be made daily, weekly or monthly. Every contribution shall be split into two comprising 40% for contingent withdrawal and 60% for retirement benefits.

How We Invest?

In line with PENCOM guidelines, we have designed a robust investment strategy, which deploys both active and passive Investment approaches. The active investment strategy leverages current trends to achieve industry rate of returns while the passive strategy minimizes the inherent risk in investments through a buy and hold approach. The combination of these approaches and thorough assets classification ensure the security of your investment.

Investment selection criteria

With an objective to ensure that investment performances are optimal, investment windows are selected based on thorough criteria that rests on safety (minimal risk), yield (profitability) and liquidity (marketability).

Exit strategy

We understand that a credible investment strategy requires a comprehensive exit strategy. Employing an array of matrices, we are apt to identify the appropriate exit period for our investments to minimizes losses.

Our Pension Contribution AC

Custodian:First Pension Custodian
Account Name:FPCNL/NORRENBERGER PEN CONTRIBUTION A/C
Bank: First Bank Nigeria PLC
Account Number:2042561615

Micro Pension [FUND V]

Custodian:First Pension Custodian
Account Name:FPCNL/NORRENBERGER PENS MICRO PENS FUND CONTR A/C
Bank: First Bank Nigeria PLC
Account Number:2041793011

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