By David Akinmola,Lagos
NLPC Pension Fund Administrators Limited has reinforced its position in Nigeria’s pension industry, posting steady asset growth and improved risk management performance amid a challenging economic environment.
The pension fund administrator disclosed that its Assets Under Management (AUM) rose to ₦624.95 billion as of March 31, 2026, representing a 5.42 per cent increase from ₦592.84 billion recorded at the end of 2025. Its Retirement Savings Account (RSA) funds also climbed to ₦516.96 billion, reflecting sustained growth across its core operations.
The performance, according to the firm, is driven by a disciplined investment strategy anchored on diversification, long-term asset allocation, and resilience against market volatility.
Industry analysts say the upward trajectory underscores growing confidence in structured retirement savings, particularly as more Nigerians seek stability in uncertain economic conditions.
Beyond its traditional offerings, NLPC Pension is expanding financial inclusion through its Personal Pension Plan, which recorded significant growth within the review period.
The scheme is attracting participants from the informal sector, widening access to retirement savings for previously underserved groups.
Speaking on the development of the company, the Managing Director, Samuel Abolarin, said, customer-focused approach has also continued to yield results. A client service feedback assessment conducted in December 2025 showed a satisfaction rate of 93.5 per cent, with no negative feedback recorded. Benefit requests accounted for the highest level of interaction, highlighting the firm’s role in facilitating seamless access to funds for retirees and contributors.
In response to earlier concerns around risk-adjusted returns in 2025, the firm strengthened its risk management framework, introducing measures to improve portfolio efficiency. Internal performance indicators for 2026 show notable improvement, with key metrics such as Sharpe ratios trending positively across multiple funds.
The recovery is evident in fund categories that previously underperformed, many of which have rebounded from negative positions to stable or positive returns. The firm attributed this to enhanced diversification, tighter risk controls, and continuous refinement of its investment processes.
Despite short-term gains, NLPC Pension maintains that long-term value creation remains its primary objective. Its three-year rolling returns as of February 28, 2026, averaged 16.35 per cent, with some funds nearing 20 per cent, demonstrating consistent performance across asset classes.
Transparency, the firm noted, remains central to its operations. It continues to promote open access to performance data, enabling contributors to make informed decisions while fostering accountability within the system.
Operating under the regulatory oversight of the National Pension Commission, the company said it has aligned with recent policy changes, including increased capital requirements and revised investment guidelines. It has also accelerated digital adoption to improve processes such as data recapture and account management.
Analysts note that as Nigeria’s economy navigates moderate growth projections, the role of pension fund administrators in safeguarding long-term savings becomes increasingly critical.
Head, Investments of the firm, Stephen Modeyin, explained that by mobilising and investing retirement funds, firms like NLPC Pension contribute to capital formation and broader economic stability.
NLPC Pension said it would continue to deepen its investment in technology, governance, and customer engagement, maintaining that trust, transparency, and reliability remain essential to securing the financial future of Nigerian workers.
