Pension benefits are generally tax-exempt in Nigeria; thus, the funds transferred to beneficiaries are not subject to income tax. However, any debts or loans owed by the deceased contributor to their ...

Up to 60% of the retirement corpus can be withdrawn tax-free, while at least 40% must go toward an annuity for monthly pension. The lump sum can be taken at once or in phases ...

While NYC comptroller candidate Mark Levine says Mamdani lacks the votes to divest from Israel, pension board makeup suggests ...

Many companies, particularly larger ones, offer salary sacrifice schemes to their employees because they are a mutually ...

The two-pot retirement system recently passed the one-year mark after its implementation on 1 September last year.

EXCLUSIVE: We asked readers if they would accept cuts to state pension to help Rachel Reeves fix our economy, but she will ...

The Government of India has formally constituted the 8th Central Pay Commission (8th CPC) to review and recommend revisions ...

Leading pension funds across Africa today gather in Kampala to commit to a “Fund for Africa” at the “$700b in 1 Room” All Africa Pensions Summit. The Summit 5th – 7th November at the Munyonyo ...

President Lee Jae Myung’s push to extend Korea’s legal retirement age to 65 from the current 60 is emerging as a political ...

President Bola Tinubu has asked the National Assembly to approve a new ₦1.15 trillion loan from the domestic market to cover ...

Finance Minister Muhammad Aurangzeb said the government is now shifting its foreign policy approach toward securing ...

By  Julius Karl D. FIEVE  Ghana’s economic trajectory is promising, with steady growth averaging over 5% annually in recent years, driven by sectors like agriculture, services, and mining. Yet, this ...