PAL Pensions assures of improved investment returns

Pension Alliance Limited (PAL Pensions) has assured its stakeholders, retirees and regulators of better investment returns and enhanced customer service delivery, as the firm marks its 20th anniversary. Speaking at the celebration event in Lagos, the Acting Managing Director of PAL Pensions, Sa’adu Jiji, expressed gratitude to the company’s staff, shareholders, and clients who have […]

Pension Alliance Limited (PAL Pensions) has assured its stakeholders, retirees and regulators of better investment returns and enhanced customer service delivery, as the firm marks its 20th anniversary.

Speaking at the celebration event in Lagos, the Acting Managing Director of PAL Pensions, Sa’adu Jiji, expressed gratitude to the company’s staff, shareholders, and clients who have contributed to its journey over the past two decades.

He noted that PAL’s consistency, resilience and commitment to innovation have positioned it as a top-tier Pension Fund Administrator (PFA) in Nigeria.

“We started with others; some PFAs have merged, some have collapsed, but PAL remains PAL. Not only that, we are now the leading pension alliance company in the industry. While getting to the top is one thing, remaining there is our priority,” he said.

He emphasised that PAL’s focus going forward is to deliver even higher investment returns for retirees, accelerate benefit payments, and provide exceptional customer service.

“We are industry leaders in investment performance, ICT integration, and brand trust. But for us, this is just the beginning. The next 20 years will be even better,” he said.

Jiji reaffirmed PAL’s commitment to being a distinguished and customer-centric PFA, pointing out that clients should expect more seamless interactions with their accounts, faster benefit processing, and overall enhanced service experience.

Jiji pledged sustained profitability, transparency, and regulatory compliance to shareholders and regulators.

“Our shareholders can be assured of good returns. To the government and public, we are committed to being a responsible corporate citizen, consistent in our tax obligations and active in our contributions to Nigeria’s socio-economic development,” he added.

The Group Chief Executive Officer, CEO of FSDH, Segun Odusanya, revealed the plans to expand its subsidiaries within the financial sector both nationally and internationally. 

He expressed the firm’s commitment to improve its services to clients and shareholders.

“Now, in terms of the FSDH group, of course, everything, we are very open, everything is on the table. We are looking at the expansion within the Nigerian environment, in all the businesses that we do. Right now, we have four subsidiaries. We have a bank, we have a pension company, we have an asset management and a capital market company.”

He attributed the success of the PAL pensions’ existence for two decades to the commitment and dedication of the staff, saying that the firm is poised for innovation to deliver efficiencies to retirees.

“Now we are 20, business is a great concern, which means that we want to be there for another 20, 60, 80 and 100 years. I want to continue to do the excellent things that we’re doing in terms of giving retirees maximum return.

“We should look up to innovation, efficiency, excellent service, and it is all about returns, returns to retirees, making sure that retirees retire very well,” he said.

By Dotun Omisakin