Tips on pension, by Stanbic IBTC Pension

stanbic-ibtc-pension-managers-pays-n800b-to-retirees

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings Plc, has held a webinar tagged “Myth busters” on pension reforms, investments and micro pensions.

Chief Executive, Stanbic IBTC Pension Managers, Olumide Oyetan, said: ‘’As Nigeria’s biggest pension fund administrator, we have continued to demonstrate our leadership in the nation’s pension industry. With a team of seasoned professionals, we have also continued to ensure that our customers retire in style, devoid of post-retirement anxieties, and we remain committed to this cause.’’

A retiree of Stanbic IBTC Pension, Mrs Olusola Sowemino,  who was a panelist at the webinar, said contrary to the fears of retiring workers, Stanbic IBTC made her retirement easy by educating her ahead of time on what pension was all about and how to retire happily.

Mrs Sowemimo, who is the founder Ope Farms, said: “Incidentally, I will say that Stanbic IBTC made it easy for me because five years to our retirement they came in to educate us on what retirement should be like and how to attain that, they are the one that even made us to increase our voluntary contributions. So, I have that confidence that things will be okay and that they pay on time and they never miss a payment.’’

Another panelist Olamilekan Bamidele,  said: “I understood pension to be a scam and held the opinion that when someone get old, he or she will not get his or her pension.

“But now, my perception has changed because I have come to know that pension is what you need to do to assist yourself at old age, even as he opined that he was excited looking forward being a retiree.”

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