The PFA's role typically includes managing the scheme's assets according to agreed strategies, administering benefit payments, and ensuring regulatory compliance, all in line with the scheme's trust deed and rules, and PenCom guidelines.

Assets are invested according to a strategic asset allocation plan designed to meet the scheme's future pension obligations. This plan is typically agreed upon with the Trustees and considers the scheme's liability profile and funding level.

All scheme assets are held by a licensed Pension Fund Custodian (PFC) separate from the PFA, as mandated by PenCom. We focus on prudent investment management and robust internal controls.

Trustees receive regular, comprehensive reports on investment performance, scheme funding (in conjunction with actuaries), benefit payments, and regulatory compliance matters.

The remaining balance in your RSA will be paid to your named beneficiary(ies) according to PenCom regulations. We provide clear guidance on this process.