First alliance pension scheme

Meet PAL Pensions

Pensions Alliance Limited is a joint venture between First Securities Discount House Company (FSDH) (now known as FSDH Holding Company Ltd.) and African Alliance Insurance Plc.

We are a licensed Pension Fund Administrator with about 2 decades of professional experience in Pension Funds Administration. We were incorporated on April 14, 2005 to manage and administer retirement savings contributions of employees in Nigeria as a result of the Pension Reform Act of 2004.

We are EPIC!

E - Empathy

Building and deploying should be as easy as a single tap.

P - Partnership

Building and deploying should be as easy as a single tap.

I - Integrity

Building and deploying should be as easy as a single tap.

C - Commitment

Building and deploying should be as easy as a single tap. Our Vision
To be the leading PFA, creating value. Our Mission
To secure and deliver your retirement benefits with ease.

You’re in good company

See a list of some clients we’ve partned and worked with All clients Telecoms and IT Oil and Gas Banking and Finance Tech & Media

Happy Customers Registered Clients Star Reviews Nation wide offices

PAL Pensions is customer friendly. They are also well co-ordinated towards helping customers achieve their goals.

The company to the best of my knowledge is good. Their customer service is very impressive. Mrs. Kehinde

It's surprising that in Nigeria today, we still have a company that boasts of quality and prompt response to customers.

Mrs. Monica

Ever since PAL Pensions acquired Standard Alliance, there has been significant improvement in terms of technology and customer service.

Mr. Princewill

You’re in good company

See a list of some clients we’ve partned and worked with

To meet the expectations and build up the capabilities of our staff, on whose skills the future of our organisation will depend.

To give Nigerians the confidence of a financially secure future.

To build a brand that will be an epitome of Performance, Service and Trust.

To achieve the objectives of our shareholders which are, capital growth and safe investment.

To establish our presence in key regions of the country through the rollout of our Pension Service Centres in order to ensure convenience and accessibility.

To achieve investment return in the top performance quartile of the industry.

To be one of the best in quantitative and qualitative portfolio management research in the industry.

To attain our market share target of 10% of total market size over the next five years and a growth target of 40% year on year in line with overall market growth.

Innovative retirement solutions for you.

Helping you prepare for times of uncertainty is at the heart of what we do.

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Data and information on Pensions Alliance Limited website is provided for informational purposes only and is not intended for trading or investment purposes. Neither Pensions Alliance Limited or any of its data or content providers shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

© 2024 PAL Pensions. All Rights Reserved.

Ag. Head, Benefits Payment Department

Lawal Kareem Olatunde is currently the Ag. Head, Benefits Payment Department. He is a self-motivated team player with over 14 years’ experience in Benefits Administration, Operations, Contribution Processing, Account reconciliation, Customer Service, Business Development and Health Management roles.

He studied at Adekunle Ajasin University, Akungba- Akoko where he obtained a B.Sc degree in Chemistry and has a Master’s Degree in Business Administration (MBA) from Obafemi Awolowo University, Ile -Ife. He has attended various trainings and workshops including Competitive Strategy Development Programme at Lagos Business School.

Prior to joining PAL Pensions, he has worked in various capacities with Premium Pension Limited, Mega Lifesciences and Codix Pharma Limited.

Kareem is an Associate member of The Certified Pension Institute of Nigeria.”