Pension fund or public asset manager

Pal Pensions Limited

Compiled from public sources

Pensions Alliance Limited (PAL Pensions) is a leading licensed Pension Fund Administrator (PFA) in Nigeria. Formed as a joint venture between FSDH Holding Company Limited and African Alliance Insurance Plc, it is now part of the FSDH Group. PAL Pensions manages a wide range of retirement savings accounts (RSAs) for individuals in both the private and public sectors, as well as legacy pension funds for corporate organisations. Its investment strategy is designed to balance risk and return through a diversified portfolio comprising government securities, corporate bonds, money market instruments, and a growing allocation to alternative assets such as private equity and infrastructure. The fund operates under a multi-fund structure as prescribed by PenCom, tailored to different age groups and risk appetites.