AIICO Refutes Claims of Non-Remittance of Pension Assets to PTAD
AIICO Insurance Plc has refuted recent report in the media (not this medium) on allegation of non-remittance of pension assets to the Pension Transitional Arrangement Directorate (PTAD).
A statement by the firm’s Head, Strategic Marketing & Communications Department, Segun Olalandu, stated that all pension assets due for remittance have been duly transferred to PTAD since the year 2017, in full compliance with the directive, adding that both parties are presently engaging in a reconciliation exercise to conclude the process.
The statement implored the public to disregard any information that may suggest otherwise as there are no basis to that effect.
“AIICO Insurance Plc. is and remains a responsible corporate citizen of Nigeria and ensures best practice in all its business activities and operations in line with extant laws and regulatory provisions guiding its practice,” the statement stated.
AIICO Insurance is a leading composite insurer in Nigeria with a record of serving our customers that dates back over 50 years. Founded in 1963, AIICO provides life and health insurance, general insurance and investment management services as a means to create and protect wealth for individuals, families and corporate customers.