VG Pensions commences Shari’ah compliant RSA Fund VI VG Pensions has commenced the administration of RSA Fund VI to meet the yearnings of its clients who prefer to have their retirement savings invested in ethical, non-interest-bearing instruments in accordance with…
The National Pension Commission (PenCom) recently published/released the Amended Regulation on Investment of Pension Fund Assets for the Pension Industry precisely in April 2017. The new investment guideline introduces a multi-fund structure, which would replace the one fund structure that puts all active contributors into one Retirement Savings Account (“RSA”) Fund without consideration for age or risk profile of such contributors.