A Pension Fund Administrator (PFA) in Nigeria, Leadway Pensure, has advocated Additional Voluntary Contributions (AVC) for Nigerians to have a secured future in retirement.
This is as the PFA reaffirmed its commitment to securing the financial future of Nigerians through AVC.
During a recent interactive webinar hosted by the company, titled ‘Beyond the Paycheck: Learn Winning Strategies to Boost Your Savings,’ experts provided participants with practical insights, guidance, and real-time strategies for optimising retirement savings.
The facilitators demystified AVC and outlined steps to help Nigerians build a stronger retirement fund. The webinar featured two pension experts: Benefits Review and Processing Unit Team Lead, Leadway Pensure, Peter Mould and Customer Relationship Manager, Leadway Pensure, Gloria Daniels and demystified AVC and provided actionable steps to help Nigerians build a stronger retirement fund.
Speaking on the importance of Additional Voluntary Contributions, Peter Mould asserted that: “Retirement planning goes beyond setting aside a portion of your paycheck. It involves creating a well-structured strategy that ensures financial stability and peace of mind in your golden years. AVC allows individuals to contribute extra funds to their Retirement Savings Account (RSA), helping them build a more secure financial future.”
He also shed light on how participants can get started with AVC, adding that, “starting your additional voluntary contributions is simple. You can either increase your monthly contributions or make lump-sum payments. The key is to take the first step and commit to securing a better future for yourself.”
Gloria Daniels also highlighted SureCal, Leadway Pensure’s financial planning tool, designed to help users calculate their retirement savings needs.
She said: “SureCal is an intuitive financial dashboard that enables individuals to take control of their retirement future. It provides clarity on how much they need to save to achieve their retirement goals.
“Business owners and HR professionals play a critical role in fostering financial security among employees. By educating their workforce about the benefits of SureCal and AVC, they not only help employees secure their future but also cultivate a culture of financial responsibility.”
The webinar also addressed common concerns, such as: what happens to AVC when changing jobs or relocating and the importance of staying informed about the latest National Pension Commission(PenCom)regulations. The session concluded with a call to action, urging participants to take proactive steps toward securing their retirement.
We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →
Join Our WhatsApp Channel
