Regulation for the Transfer of Retirement Savings Accounts (RSA)
Ministry of Finance, Budget and National Planning, Nigeria
This regulation follows the Pension Reform Act 2004 and seeks to ensure the seamless transfer of Retirement Savings Account from one pension fund administrator to another, the criteria for such transactions, and the penalties for violation of the RSA transfer processes to ensure full compliance with regulatory requirements.
Process Flow
Regulation for the Transfer of Retirement Savings Accounts (RSA) Current Version
January 2022
This regulation follows the Pension Reform Act 2004 and seeks to ensure the seamless transfer of Retirement Savings Account from one pension fund administrator to another, the criteria for such transactions, and the penalties for violation of the RSA transfer processes to ensure full compliance with regulatory requirements.
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