Access Pensions, a Pension Fund Administrator (PFA) in Nigeria, has created a dedicated desk aimed at encouraging its customers to utilise 25% of their Contributory Pension Scheme (CPS) for equity contribution towards residential mortgages.
The PFA’s mission is to help customers achieve their long-term financial goals by providing innovative and tailored pension solutions, investment management, and financial advisory services. With the creation of the dedicated desk, coupled with the array of financial services in its Access Corporation ecosystem, customers can seamlessly acquire their dream homes, plan retirements, preserve wealth, access insurance, and other services.
Speaking at an interactive session titled, “An Evening with Access Pensions” with some of its high net-worth individual clients in Lagos, the Executive Director, Technical at Access Pensions, Mr. Afolabi Folayan, said: “Property acquisition through mortgage is a way in which you can actually make your pension work for you. At Access Pensions, we believe that if you own and live in your house upon retirement, the expense you pay out after retirement will be much less. So, we believe this opportunity is a great one, and people should tap into it.” Access Pensions’ goal is to enable more people to own homes, reduce their post-retirement expenses, and ultimately enjoy a better quality of life.