

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.



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





















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. KehindeIt's surprising that in Nigeria today, we still have a company that boasts of quality and prompt response to customers.
Mrs. MonicaEver since PAL Pensions acquired Standard Alliance, there has been significant improvement in terms of technology and customer service.
Mr. Princewill

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.
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 DepartmentLawal 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.”