The Management of AIICO Insurance Plc, on Thursday refuted media report on allegations of non-remittance of pension assets to the Pension Transitional Arrangement Directorate (PTAD).
According to statement released by the company’s head, Strategic Marketing & Communications Department, Segun Olalandu, insisted that all pension assets due for remittance have been duly transferred to PTAD since the year 2017, in full compliance with the directive.
The statement further reads: “Both parties are presently engaged in a reconciliation exercise to conclude the process. We implore the public to disregard any information that may suggest otherwise as there are no basis to that effect.
AIICO Insurance Plc. is and remains a responsible corporate citizen of Nigeria and ensures best practice in all its business activities and operations in line with extant laws and regulatory provisions guiding its practice.
AIICO Insurance is a leading composite insurer in Nigeria with a record of serving our customers that dates back over 50 years. Founded in 1963, AIICO provides life and health insurance, general insurance and investment management services as a means to create and protect wealth for individuals, families and corporate customers.