Access Pensions exceeds N1trn AUM milestone

By Cynthia Ezekwe.

In an impressive trajectory, Access Pensions Limited, a subsidiary of Access Corporation, has  scaled up its assets under management to surpass the N1 trillion threshold in assets under management (AUM).

This is according to the business combination of Sigma Pensions, a Nigerian pension fund administrator (PFA),  and First Guarantee Pension in December 2022.

This remarkable feat firmly establishes Access Pensions position as the fourth largest Pension Fund Administrator (PFA) measured by AUM and the second largest PFA, overseeing a portfolio of over 1 million Retirement Savings Accounts (RSAs).

Commenting on this feat, Dave Uduanu, the managing director, Access Pensions, noted that the company’s journey to N1 trillion has been guided by its strong commitment to partnering with clients to shape their future, alongside a disciplined investment management approach and a resolute client-centric philosophy.

“Leveraging on technology in service delivery to improve user experience, following a disciplined approach to investment management, and being a member of the largest financial ecosystem in Nigeria, we can offer clients a superior retirement planning experience. A client-centric approach has played a significant role as we match our client’s needs and aspirations, building trust along the way,” Uduanu stated.

He added that Access Pensions is committed to delivering consistent results, even in challenging times, which has been the cornerstone of its credibility and client promise.

On leveraging technology, Uduanu noted that Access Pensions has invested heavily in technology to enhance its operations and client experiences and that its digital platforms (USSD, Mobile, WhatsApp chatbot) and Contact Centre provide real-time updates, keeping clients informed about their portfolios and requests, adding that that Access Pensions has brought innovative products that cater to various risk preferences, effectively staying ahead of changing demands.

“Our vision is clear – to provide our clients with the financial tools needed to shape their retirement future. We are dedicated to improving service, performance, and client satisfaction. As we expand, responsible and sustainable investing will remain our priority,” the managing director added.