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Pension Administration
Grow sizeably on your accrual income.
What is Enwealth Pension Administration?
We are licensed by the retirement benefits authority to carry out fund administration services a mandate we take seriously and are very passionate about.
Structure of the Fund Administration.
We have within the fund administration, three departments and they are as follows:
Records & Data Management
Investment Accounting
Secretarial Legal & Compliance
Records & Data Management Services include;
Contributions crediting to the members accounts
Member contributions reconciliations
Income allocation to the members accounts
Issuance of member benefits statements
Computation of members benefits and pension payroll administration
Management of member relations for actives and non-actives
Keeping and updating nomination of beneficiary’s records
Management of members annual general meeting
Annuity options advice for members leaving the scheme at retirement
Scheme cash flow management in liaison with the fund manager
Maintaining the scheme books of accounts
Reconciliations with bank accounts and reports from service providers
Secretarial Legal & Compliance Management Services include;
Scheme compliance management
Review of scheme trust deed and rules
Management of compliance of service providers agreements
Submission of periodic returns to regulatory authorities
Computation of members benefits and pension payroll administration
Preparation of BOT notice and agenda
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