Administrative Charges

Administrative Charges

Premium Pension charges an administrative fee of ₦100.00 monthly plus VAT of 5%, deducted from your monthly contributions.

Premium Pension charges an administrative fee of;

₦20 for contributions below ₦4,000 for Micro Pension
₦80 for contributions above ₦4,000 for Micro Pension

Investment Management Fees

Investment Management Fees are charged as follows:
RSA Fund I: 1.50% of net asset value;

RSA Fund II: 1.20% of net asset value;

RSA Fund III: 1.10% of net asset value;

RSA FUND IV: 5% of income earned;

RSA FUND V: 0.75% of net asset value;

RSA FUND VI ACTIVE: 1.2% of net asset value;

RSA FUND VI RETIREE: 5% of income earned

These fees are regulated by the National Pension Commission (PenCom) and are subject to change. No other charges are made to your account.

Number of RSAs Registered: 818,199