The National Pension Commission (PENCOM) has officially extended the deadline for compliance with its revised minimum capital requirements for Licensed Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), granting existing operators an additional six months to meet the new standards.
In an addendum released this week to its earlier circular dated 26 September 2025 (Ref: PenCom/INSP/Surv/2025/1255), the Commission announced that the new compliance deadline is now set for 30 June 2027, superseding the previous deadline of 31 December 2026.
“This Addendum provides additional clarifications to the revised regulatory capital requirements,” stated the addendum signed by A. M. Saleem, Director of the Surveillance Department at PENCOM.