Tag: NPRA
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We’re ready to release locked up pension funds – NPRA
The National Pensions Regulatory Authority (NPRA) has disclosed that it should be able to release locked up pension funds in the Temporary Pension Fund Account (TPFA) by June this year should the Administrators of the Public sector funds complete the processes of validation. According to the NPRA, the reconciliation of employee data must be completed…
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Funding mortgages: NPRA to allow Tier 2&3 funds by end of year
The National Pensions Regulatory Authority (NPRA) has disclosed to Citi Business News that workers should be able to access mortgage loans with their tier 2 and 3 pension benefits by the end of this year. It follows numerous reservations by some players in the mortgage industry that the Authority has not worked satisfactorily to get…