L- Mr. Prince Uche of Premium Pension Managers Limited receiving the Pension Man of the Year Award on behalf of Premium Pension CEO, Mr. Wilson Ideva at the prestigious Businesstoday Online Insurance and Pension Industry Award, which held May 5th at Protea Hotel, Ikeja, Lagos. Presenting the award is Managing Director Yorkcity Consult Limited, Mrs Tonia Smart.
Author: webmaster
Premium Pension blazes pension industry trail in ISO Certification
Left to right
Deputy High Commissioner, British High Commission, His Excellency Simon Shercliff, Chairman, Board of Directors, Premium Pension Limited, Mr. Aliyu Dikko, Managing Director, Mr. Wilson Ideva, the Business Development Manager, British Standards Institute, East and Africa, Vladimir Chenry and Professor Mohammed Kaoje Abubakar, Commissioner Inspectorate during the occasion of ISO 27001:2013 Certificate Presentation to Premium Pension Limited. The company is the first in the pension industry to be so certified.
ISO is a collection of quality management systems standards designed to help organizations ensure that they meet the needs of customers and other stakeholders while meeting statutory and other regulatory requirements related to a product. Premium Pension Limited got the ISO27701:2013 Certification on information security management system.
“The acquisition of ISO 27001: 2013 (Information Security Management System) Certification is part and parcel of the journey towards achieving our vision and mission” said Aliyu Dikko, the Company’s board chairman at the occasion of the presentation of the certificate. “Premium Pension Limited set out in 2005 with a vision to be the leading PFA in Nigeria and a global player with a vision to achieve superior customer satisfaction in active and retirement life through best practice.”
“The achievement of ISO 27001: 2013 certification is a visible proof of the company’s commitment to meet internationally-accepted data security standard” continued Mr. Dikko. “Premium Pension is the first among PFAs to achieve this feat which has been attained through hard work and dedication of our board, management and staff who are seasoned professionals in the pension industry.”
According to him, the certification is an indication that PPL made information security a priority, while also reassuring stakeholders that the best security infrastructure has been put in place. He further added that the security system was in strong compliance with the National Pension Commission (PenCom) Information Technology standards while noting that the certification would further reinforce the confidence of Retirement Saving Accounts holders, retirees, regulators and other stakeholders in Premium Pension.
The Director-General of PenCom, Mrs. Chinelo Anohu-Amazu, represented by the Commissioner, Inspectorate, Professor Mohammad Kaoje, felicitated with Premium Pension for the certification. She said that PenCom was proud of the noble achievements recorded by the company in the nation’s pension industry.
Anohu-Amazu said that since the advent of the contributory pension scheme in Nigeria, the pension fund had grown significantly.
She said that Nigeria had been able to move out of a deficit of pension fund to about N5.5 trillion of pension fund under the management of PenCom, adding that Premium Pension has been part of the success story in the industry. According to her, under the scheme, pensioners have been getting their benefits on time, noting that regulators and operators in the scheme had not been found wanting in the discharge of their fiduciary responsibilities. She said that there had never been any case of any sharp practices since the commencement of the Contributory Pension Scheme in the country.
The Deputy British High Commissioner to Nigeria, Mr Simon Shercliff who was the Special Guest of Honour at the presentation noted that the certification was an indication that PPL was advancing its credibility .He noted that the acquisition was according to the recognised standard, adding that it was very important to attain international standard with many different professional accreditation.
The Managing Director and Chief Executive Officer of Premium Pension, Mr Wilson Ideva, corroborating the chairman’s views, said the certification demonstrated the company’s zeal to ensure the safety of its subscribers’ funds.
Ideva said that the certification met the expectation of its RSA holders and Legacy Pension Funds owners that entrusted their funds to the PFA “It further demonstrates our zeal to ensure the safety of your funds” he said. “For our board and management team, this is another indication and measure of our strong corporate governance anchored on global best practice.”
Present at the event were representatives from Security and Exchange Commission (SEC), Nigerian Deposit Insurance Corporation (NDIC) and various other stakeholders in the pension industry.
Courtesy: cityvoiceng.com
Lagos Chamber of Commerce and Industry (LCCI) Award Ceremony
Premium Pension Limited clinched a special Award for Mass Mobilisation of Pension Asset at the 2015 Commerce and Industry Award organised by the Lagos Chamber of Commerce and industry (LCCI) recently.
PREMIUM PENSION LIMITED IS PENSION-COMPANY-OF-THE-YEAR
PREMIUM PENSION LIMITED IS PENSION-COMPANY-OF-THE-YEAR -Reiterates the Need for Increased Public Awareness Abuja: Thursday, June 2, 2016: “There is need for increased public awareness of the workings, benefits and in fact imperative of the Contributory Pension Scheme (CPS) especially in the face of the current economic uncertainties” said Mr. Wilson Ideva, The Managing Director/Chief Executive of Premium Pension Limited while reacting to the award won recently the company as the PENSION-COMPANY-OF-THE-YEAR. “The CPS is the only sure way to guaranteeing your future.” Premium Pension Limited on Tuesday emerged the winner at the 3rd BusinessToday Online Pension-Company-of-the-Year Award, 2015. The company was represented by Mr. Paddy Ezeala, the Head of Corporate Communication who described the award as the reward for commitment, dedication and tenacity of purpose. He said that the award also underlines the solid and fecund relationship between the company and the media in the area of awareness generation on the workings and benefits of the pension industry.
The award ceremony which took place at Protea Hotel, Isaac John Street, Ikeja, Lagos saw the Company winning the award for the first time. Speaking on the awards, the MD/CEO of BusinessToday Online, Ms. Nkechi Naeche said the award which is in its third edition seeks out exceptional individuals, companies and states that have been outstanding in advancing the insurance and Pension industries within a particular year. She said Premium Pension was picked from the votes cast by the public and other considerations made by the award’s panel of judges. Naeche noted that as stipulated in the voting rules this year, 80 per cent of the votes were assigned to the public while a panel of judges made of experts possessed 20 per cent of the voting rights. She added that Premium Pension won 2015 awards following its efficient services to Nigerian retirees and their families, adding that the leading Pension Fund Administrator (PFA) provides an impressive range of Pension products and services to its client-base across the length and breadth of the country. In August 2015, Premium Pension Limited was conferred with the Award for Mass Mobilization of Pension Asset, at the Commerce and Industry Awards by the Lagos Chambers of Commerce and Industry, LCCI. In November 2015, Premium Pension Limited received the UK’s International Organisation for Standardisation (ISO) Certificate on Information Security Management System by the British Standard Institute, becoming the first Pension Fund Administrator (PFA) in Nigeria to receive the certification. In 2015 Premium Pension paid over N87 billion to retirees and next-of-kin of contributors under the Contributory Pension Scheme under its administration. The above figure was paid to a total of 33,000 retirees and relatives of deceased contributors in its portfolio between 2007 and 2015.
The company in 2015 adopted the robust pension administration software, the Canadian Pension Administration Software (CPAS) to enhance its operations and have consistently posted Return on Investment on pension asset well above industry average and above inflation. Also in 2015 the company introduced a mobile application known as the Premium Pension Mobile in response to the need for devices that would further close the gap between the company’s operations and its customers on the one hand and the customers and their Retirement Savings Accounts (RSA) on the other. Paddy Ezeala Head Corporate Communications.
PREMIUM PENSION LIMITED IS PENSION-COMPANY-OF-THE-YEAR -Reiterates the Need for Increased Public Awareness Abuja: Thursday, June 2, 2016: “There is need for increased public awareness of the workings, benefits and in fact imperative of the Contributory Pension Scheme (CPS) especially in the face of the current economic uncertainties” said Mr. Wilson Ideva, The Managing Director/Chief Executive of Premium Pension Limited while reacting to the award won recently the company as the PENSION-COMPANY-OF-THE-YEAR. “The CPS is the only sure way to guaranteeing your future.” Premium Pension Limited on Tuesday emerged the winner at the 3rd BusinessToday Online Pension-Company-of-the-Year Award, 2015. The company was represented by Mr. Paddy Ezeala, the Head of Corporate Communication who described the award as the reward for commitment, dedication and tenacity of purpose. He said that the award also underlines the solid and fecund relationship between the company and the media in the area of awareness generation on the workings and benefits of the pension industry.
The award ceremony which took place at Protea Hotel, Isaac John Street, Ikeja, Lagos saw the Company winning the award for the first time. Speaking on the awards, the MD/CEO of BusinessToday Online, Ms. Nkechi Naeche said the award which is in its third edition seeks out exceptional individuals, companies and states that have been outstanding in advancing the insurance and Pension industries within a particular year. She said Premium Pension was picked from the votes cast by the public and other considerations made by the award’s panel of judges. Naeche noted that as stipulated in the voting rules this year, 80 per cent of the votes were assigned to the public while a panel of judges made of experts possessed 20 per cent of the voting rights. She added that Premium Pension won 2015 awards following its efficient services to Nigerian retirees and their families, adding that the leading Pension Fund Administrator (PFA) provides an impressive range of Pension products and services to its client-base across the length and breadth of the country. In August 2015, Premium Pension Limited was conferred with the Award for Mass Mobilization of Pension Asset, at the Commerce and Industry Awards by the Lagos Chambers of Commerce and Industry, LCCI. In November 2015, Premium Pension Limited received the UK’s International Organisation for Standardisation (ISO) Certificate on Information Security Management System by the British Standard Institute, becoming the first Pension Fund Administrator (PFA) in Nigeria to receive the certification. In 2015 Premium Pension paid over N87 billion to retirees and next-of-kin of contributors under the Contributory Pension Scheme under its administration.
The above figure was paid to a total of 33,000 retirees and relatives of deceased contributors in its portfolio between 2007 and 2015. The company in 2015 adopted the robust pension administration software, the Canadian Pension Administration Software (CPAS) to enhance its operations and have consistently posted Return on Investment on pension asset well above industry average and above inflation. Also in 2015 the company introduced a mobile application known as the Premium Pension Mobile in response to the need for devices that would further close the gap between the company’s operations and its customers on the one hand and the customers and their Retirement Savings Accounts (RSA) on the other. Paddy Ezeala Head Corporate Communications.
PREMIUM PENSION BAGS AFRICAN QUALITY ACHIEVEMENT AWARD
Premium Pension wins Award for Driving Inclusive Coverage of Pension Scheme at the World Pension Summit 2016
Premium Pension wins In Recognition of Excellence in Corporate Governance in Pension System at the World Pension Summit 2016
PREMIUM PENSION LTD QUALITY POLICY
In line with our corporate strategy for achieving sustained and profitable growth for the Company, PREMIUM PENSION LIMITED is committed to consistently providing high-quality pension administration services that meet the needs, and expectations of our customers.
We are committed to implementing an effective Quality Management System (QMS) in accordance with the requirements of International Standard NIS ISO 9001:2015.
The Company’s top Management is responsible for leading and maintaining the integrity of the QMS with the provision of resources necessary to ensure its effectiveness. In addition, the Company is committed to complying with all applicable statutory requirements relating to our services.
PREMIUM PENSION LIMITED ensures that quality objectives are set at corporate and departmental levels. These objectives are reviewed and updated as and when due.
To effectively implement this policy and achieve the desired objectives, the Company requires all employees to contribute to, and be actively engaged in the implementation of the QMS. The Company expects positive participation in audits and QMS performance evaluations, as well as the submission of reports and suggestions for continuous system improvement.
SIGNED
UMAR SANDA MAIRAMI
MD/CEO
