The Lagos State Governor, Mr. Babatunde Fashola, has said that since the state adopted the new pension scheme, it has paid a total of N18.03bn to retirees under the Contributory Pension Scheme. He said this during the presentation of the eight retirement bond certificates to the states’ pensioners in Lagos […]
Tag: Pension
Pension funds sue Blackrock, allege “looting” at iShares
Two pension funds filed a lawsuit against Blackrock, alleging that the world’s biggest asset manager had “looted” securities-lending revenues from iShares exchange-traded funds investors, and breached its fiduciary duties. In the suit, the Laborers’ Local 265 Pension Fund of Cincinnati and the Plumbers and Pipefitters Local No. 572 Pension Fund […]
