International records / OpenAlex research

Risk Analysis of Pension Funds Investment in the Nigerian Capital Market

The Pension Reform Act, 2004 established for the first time a uniform pension scheme under the same rules and regulations for the public service and the private sector. The pension reform was made in order to correct the shortcomings observed in the previous pension scheme in the public sector and the private sector. It introduced a contributory pension benefit scheme where both employer and employee contribute a certain percentage into the Retirement Savings Account (RSA) of the employee. The amount in the savings account is invested by the Pension Fund Administrators as categorized by the Na…