Company Information

Get to know Pension Fund Operators Association of Nigeria (PenOp)

Established in 2007, the Pension Fund Operators Association of Nigeria (PenOp) is an independent, non-governmental, non-political, and non-profit making body. Its mission is to promote and develop the pension industry in Nigeria through self-regulation, advocacy, and adherence to international best practices. PenOp serves as the umbrella organization for all licensed pension fund operators, working to ensure the smooth operation of the Contributory Pension Scheme (CPS) and protect the interests of pension contributors and retirees.

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Pension Fund Operators Association of Nigeria (PenOp)

Nigeria

Founded in

2009 (17 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.