Fidelity Pension Managers are not under probe – management

Mrs. Amaka Andy-Azike

Fidelity Pension Managers Limited, one of the leading Pension Fund Administrators (PFAs) in the country, has debunked the media reports that it is being probed by the House of Representatives Committee on Pensions and that the Managing Director/ Chief Executive Officer was summoned to the probe panel.

A statement by Fidelity Pension’s Company Secretary and Group Head, Legal and Corporate Communications, Noel Orji, stated that the information in the report was false, adding that Fidelity Pension Managers was invited for a routine investigative hearing by the House of Representatives Committee on Pensions as part of their oversight function.

The Managing Director/Chief Executive Officer, Mrs. Amaka Andy-Azike, said when Fidelity Pension Managers appeared before the Committee, the requested documents were duly submitted and the Company Secretary together with the Group Head, Operations presented themselves for the meeting, stressing that they were however informed that the Committee was interested in meeting with the Managing Director and the meeting was rescheduled.

“We wish to reassure the general public that Fidelity Pension Managers Ltd is a law-abiding organisation, built on integrity and transparency. We shall always manage our customers’ pension assets safely and profitably to ensure they have a happy retirement,” she said.

Fidelity Pension Managers has over 300,000 clients and manages over N130 billion in pension assets. The Company has been in operation since 2007 and has consistently rewarded its customers with significant investment returns.