Stockbrokers Laud As PenCom Lifts Ban On Pension Fund Investments In CPs …C0NTINUE READING HERE >>>
Pension industry regulator, the National Pension Commission (PenCom) has lifted the restriction on Licensed Pension Fund Administrators (LPFAs) investing in commercial papers where capital market operators act as Issuing and Paying Agents (IPAs).
This, according to the commission, was to facilitate capital raising and ensure continued market stability.
Recall that PenCom, through its circular of 23 October 2024, had directed all LPFAs to immediately suspend further investment in…
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