PenCom Sets Nov 16 as Commencement Date for Implementation of RSA Transfer Window

November 13, 2020/Cowry Asset Report

In the just concluded week, the National Pensions Commission (PenCom) announced its  plans to commence the implementation of the Retirement Savings Account (RSA) transfer window under the Contributory Pension Scheme (CPS) on Monday, November 16, 2020.

Hence, pensioners who have not had opportunity to change their Pension Fund Administrators (PFAs) as a result of lower returns on investment management or poor customer service delivery, now have the platform to move their RSA to other competing firms in the pension industry.

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