Stanbic IBTC Pension Managers launches campaign on safety of savings

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East African Business Week (Kampala) 6 June 2011 editorial Friday 26, 2010, Nicolas Sarkozy, the president of France visited Rwanda for four hours in a gesture aimed at mending the three year standoff between the two countries. The visit ended the bad blood that has brewed between France and Rwanda since the RPF removed the Juvenal Habyarimana regime in 1994. Habyarimana was among France's blue-eyed boys advancing their interests in Africa.

Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Bank PLC, has launched a new advertising campaign with the objective of encouraging employees as well as their employers to embrace the evolving pension system in Nigeria. The pension system, with defined contributions as its cornerstone as enshrined in the Pensions Reform Act of 2004, charts a clear path for employees to maintain a stable standard of living even well after retirement.

The campaign is anchored on strengthening the conviction of Stanbic IBTC Pension Managers’ customers for choosing the leading Pension Fund Administrator (PFA) to manage their retirement savings while prospective customers are also availed of strong evidence to showcase the proficiency of Stanbic IBTC Pension Managers as a safe haven for pension funds.

At the campaign launch in Lagos, Obinnia Abajue, acting Managing Director of Stanbic IBTC Pension Managers Limited said as a service provider of repute and trust, the PFA will continuously help to enhance industry best practices, part of which includes creating awareness about the benefits of retirement savings and helping workers plan for that eventuality.

Stanbic IBTC Pension Managers, Abajue emphasized, has diligently paid all its Retirement Savings Account holders, numbering over 850,000 customers, their monthly entitlements on time since the PFA was established five years ago. “We continue to be encouraged by the feedback we receive on a daily basis from retirees across the country who are delighted with the quality of service they receive from us.” The company’s aim, he said, “is to continue to set ever higher standards of service delivery and ensure that our Retirement Savings Account holders derive maximum value from their investment.”

The campaign, themed, “Your Retirement Savings are Safe”, will be launched in several cities across Nigeria including Abuja, Port Harcourt, Enugu, Ibadan, Kaduna, Jos and Benin, with a message of assurance to both existing and potential customers that Stanbic IBTC Pension Managers will always deliver exceptional value to its account holders.

Abajue stated that Stanbic IBTC Pension Managers is driven by the sole objective of ensuring that people retire into a period of relative comfort and peace after their working lives. “We want to help people plan for their retirement in such a manner as to ensure that retirement is as rewarding and productive to them as possible.”

“We make a promise to our clients that they will retire safely. It’s a promise we always keep. The campaign we are unveiling today will reinforce this promise. That also accounts for why we have opened offices in virtually every part of Nigeria, so that our clients will not go long distances in order to talk with us. We are also expanding our interface platforms to ensure that no matter your language preference, you can converse with our fund managers. Retirement is a time to rest and enjoy the fruits of your labour.

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Stanbic IBTC Pension Managers launches campaign on safety of savings