Firm Promotes What Pre-retirees Should Plan For At Seminars

Stanbic IBTC Pension Managers has urged pre-retirees to plan for income sustainability, pension choices and health needs at its 2026 Pre-Retirement Seminar series, the firm said on Friday.

The pension fund administrator told about 3,714 workers across Lagos, Akure, Port Harcourt, Abuja and Kano that practical steps—understanding pension options, creating an income plan and prioritising health—are essential to a secure retirement.

The annual programme, ran seminars in five cities and combined financial workshops with a health session and a live panel discussion featuring representatives from Stanbic IBTC’s subsidiaries.

Organisers said the sessions covered pension administration, ways to convert pension savings into sustainable post‑retirement income, choices available at exit (including programmed withdrawal and annuity options), and lifestyle and healthcare planning.

The chief executive, Olumide Oyetan said the seminar series is aimed at closing gaps in workers’ understanding of how to maximise benefits and manage life after active employment.

“Many contributors have pension assets but lack clarity on their options and the steps to take before exit,” Oyetan said.

“We want every participant to leave with a clear view of their current position, the options available and the next steps to secure income and wellbeing in retirement.”

Why these topics matter

Organisers emphasised three practical planning priorities for pre-retirees:

Understand pension options and how each affects monthly retirement income (for example, the trade-offs between lump sums, programmed withdrawals and annuities).

Create an income sustainability plan that forecasts expenses, inflation impact and investment choices to avoid outliving savings.

Prepare for healthcare and lifestyle needs by factoring medical costs, insurance options and wellness habits into retirement budgets.

The seminars, Stanbic IBTC Pension Managers said, form part of the firm’s client education efforts to boost financial literacy and help workers make informed decisions before retirement.

By pairing financial guidance with health-focused sessions, the company aims to present retirement as both a financial and lifestyle transition requiring early planning.