Stanbic IBTC Pension Managers enlightens workers on retirement planning

Stanbic IBTC Pension Managers Limited, a member of Stanbic IBTC Holdings PLC, has enlightened workers in Oyo State on the need to live a healthy life by planning well for life after active service.

The leading pension fund administrator (PFA), according to The Punch, offered the guidance during a seminar at the University of Ibadan, which had the theme, ‘Pre-retirement savings seminar’.

According to the report, the Zonal Manager, South of Stanbic IBTC Pension Managers, Kenneth Omeogu, explained that the purpose of the pension fund was to provide a stable and solid income stream to retirees who had contributed to the fund during their work years.

“As your Pension Fund Administrator, we understand that transitioning to the retirement phase will require adequate steps and intentional plans, so please allow me to use this opportunity to reassure you that we are here to help you through this process when you get there,” he said.

One of the participants, Olajumoke Okeowo, commended the organisers and said the seminar was an eye-opener for her to plan well for her retirement.

Another participant, Bashir Olanrewaju, said, “The seminar has indeed exposed me to some necessary things I need to know as far as planning for life after retirement. So, I thank Stanbic IBTC Pension Managers for the opportunity given to me to be among the participants at the seminar.”

The seminar also had in attendance workers from the public and private sectors of the Nigerian economy.