22 June 2018
Premium, Crusader, Stanbic IBTC lead pension fund performance in 2018
Premium Pension retirement savings account (RSA) holders have a good reason to smile this year. The Pension fund administrator (PFA) had the best performing retirement savings fund in Nigeria in the first five months of the year with a year to date return of 6.18 percent. Behind Premium Pension was Crusader pensions (5.97%), Stanbic IBTC pension (5.86%), ARM Pension (5.64%) and Legacy Pension funds (5.24%) whose strong performance propelled the PFAs to be among the five best performing retirement savings fund in the country. The performance analysis was done using the RSA unit price returns of 12 of the largest pension funds in Nigeria between December31st 2017 and June 1st 2018.
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