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Home Economy/Technology

Access Pensions’ AUM surpasses N1trn

Pensions

The Matters Press by The Matters Press
August 29, 2023
Reading Time: 2 mins read
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Free public transportation for retirees begins in Lagos

Lagos, Aug.29,2023: Access Pensions Ltd., a subsidiary of Access Corporation on Tuesday said its Assets Under Management (AUM) has surpassed N1trillion threshold within six months.

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The Managing Director, Access Pensions, Mr Dave Uduanu said this in a statement made available to newsmen in Lagos.

Uduanu stated that the Pension Fund Administrator (PFA), which emerged from the business combination of Sigma Pensions and First Guarantee Pension in Dec. 2022, in an impressive trajectory, scaled up its AUM.

He noted that the feat establishes Access Pensions position as the fourth largest PFA measured by AUM in Nigeria and the second largest PFA, overseeing a portfolio of over one million Retirement Savings Accounts (RSAs).

” Our journey to N1trillion has been guided by a strong commitment to partnering with clients to shape their future.

“While technology served as a cornerstone, Access pensions’ success can be attributed to a disciplined investment management approach and a resolute client-centric philosophy.

“Leveraging on technology in service delivery to improve user experience, following a disciplined approach to investment management, and being a member of the largest financial ecosystem in Nigeria.

“We can offer clients a superior retirement planning experience. Having a client-centric approach has played a significant role as we look to match our client’s needs and aspirations and building trust along the way,”he said.

According to him, the PFA is committed to delivering consistent results, even in challenging times, which has been the cornerstone of its credibility and client promise.

Uduanu noted that the firm has invested heavily in technology to enhance its operations and client experiences, while its mobile apps and contact centre provide real-time updates about clients portfolios and requests.

The managing director said, since the launch of the company, Access pensions has brought forth innovative products that cater to a wide range of risk preferences, effectively staying ahead of changing demands.

Uduanu noted that with its range of innovative products and remarkable achievements, the PFA is unquestionably charting a new course for success in the pensions industry.

He said the company is also playing a pivotal role in shaping the financial future of Nigerians.

“Our vision is clear – to provide our clients with the financial tools needed to shape their retirement future, hence, we are dedicated to raising the bar in service, performance and client satisfaction.

“As we expand; responsible and sustainable investing will remain our priority,” he said.

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