The Management of AIICO Insurance Plc has refuted allegations that the company refused to remit pension assets to the Pension Transitional Arrangement Directorate (PTAD), stating that all pension assets due for remittance have been duly transferred to PTAD since 2017.
A statement by the Head, Strategic Marketing & Communications Department, AIICO Insurance, Segun Olalandu, said that: AIICO Insurance Plc hereby wishes to inform the public that all pension assets due for remittance have been duly transferred to PTAD since the year 2017, in full compliance with the directive. 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.”
He emphasised that AIICO Insurance 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.
