Conrad Ifode, Executive Director Operations
BY NKECHI NAECHE—-CrusaderSterling Pensions Limited fund has said that it recorded a cumulative return of 253.56 percent in its investment.
According to the company this placed CrusaderSterling Pensions Limited an industry leader in terms of returns on investment.
Executive Director Operations, Conrad Ifode disclosed this at the weekend during 2017 Pension Operators Media retreat for pension Journalists held in Abeokuta, Ogun State that the company is determined to ensure better investment return to retirees.
He also disclosed that the firm which was incorporated on 12, October 2004 and officially launched on 28 July, 2006 with an initial value of N1.0000, the fund grew to N1.4065 in 31 January, 2008.
According to him its current Retirement Savings Account unit price RSA stood at 3.5356 as at 8th of August 2017.
With over N1.6 billion authorized capital and paid-up capital of N1.3billion respectively, CrusaderSterling was first PFA to hit fund price of 2.000 and 3.000.
Following its outstanding performance, it was Rated A by Agusto and have Branches and Service Centers in Nigeria.
Poised to ensure effective service delivery, the company implored T+3,T+12 working days processing time for contributions and Benefits; automated Workflow for business Processes; Customer Service Tools and Social Media presence and Gratuity and States Pensions Management.
CrusaderSterling Pensions is promoted by a joint-venture among Custodian & Allied Insurance Plc, Sterling Asset Management Limited, Custodian Trustees Limited, Ideal Insurance Brokers Limited and WSTC Financial Services Limited.