Norrenberger Pensions Limited

NORRENBERGER PENSION schemes

Voluntary Contribution
Scheme

Voluntary Contributions are extra funds you can add to your pension contributions, or save as retirement funds. 

VC differs from other regular savings you may have, as it is deducted from your salary before tax. This is a significant advantage of the VC, as the contributions have tax incentives and could lower your overall tax liability.
This is irrespective of the mandatory contributions of 8% employee and 10% employer’s contributions paid periodically by employers into Retirement Savings Accounts.
It gives the contributor freedom to decide how much to save monthly based on income and expenses. In addition, any amount saved is tax exempt, as provided for in the PRA Act 2014.

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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