Premium Pension Limited and Trustfund Pensions Limited have proposed a merger by scheme under section 711 of the Companies and Allied Matters Act 2020, according to a notification published by the FCCPC on 7 July 2026. Premium Pension’s assets, liabilities and undertakings will transfer to Trustfund Pensions, and Premium Pension will be dissolved without winding up.
The FCCPC notification states that the two are the fifth and sixth largest pension fund administrators and that the combined entity, Premium Trustfund Pensions Limited, is projected to rank third. The merger also requires PenCom approval and court sanction.
