Leadway Pensure, a leading Pension Fund Administrator (PFA) in Nigeria, has reiterated its commitment to securing the financial future of Nigerians by highlighting the benefits of Additional Voluntary Contributions (AVC). This was emphasised during an interactive webinar hosted by the company, “Beyond the Paycheck: Winning Strategies to Boost Your Retirement Savings.”

The session provided participants with practical insights, guidance, and real-time strategies for optimising retirement savings. The webinar featured two pension experts: Peter Mould, Head of Business Development and Partnerships, and Gloria Daniels, Head of Customer Relationship Management, both of Leadway Pensure PFA. They demystified AVC and provided actionable steps to help Nigerians build a stronger retirement fund.

Speaking on the importance of financial stability in retirement, Peter Mould emphasised the advantages of AVC as an essential strategy for achieving long-term security. He stated: “Retirement planning goes beyond setting aside a portion of your paycheck. It involves creating a well-structured strategy that ensures financial stability and peace of mind in your golden years. AVC allow individuals to contribute extra funds to their Retirement Savings

Account (RSA), helping them build a stronger financial future.”

He further highlighted that AVC is accessible to everyone, regardless of income level. “AVC is not just for high-income earners; it is for anyone who wants to take control of their financial future. Whether you’re a young professional just starting out or a business owner planning ahead, AVC can help you reach your retirement goals faster.” He concluded.

Gloria Daniels, on the other hand, provided a step-by-step guide on initiating AVC, emphasising the flexibility and ease of the process. She explained: “Starting your voluntary contributions is simple. You can either increase your monthly contributions or make lump-sum payments. The key is to take the first step and commit to securing a better future for yourself.”

She also introduced SureCal, Leadway Pensure’s financial planning tool, which helps users calculate their retirement savings needs. “SureCal is an intuitive financial dashboard that enables individuals to take control of their retirement future. It provides clarity on how much they need to save to achieve their retirement goals.”

She ended the session by encouraging employers and HR professionals to actively promote AVC among their employees. “Business owners and HR professionals play a critical role in fostering financial security among employees. By educating their workforce about the benefits of AVC, they not only help employees secure their future but also encourage a culture of financial responsibility”, she added.

The webinar also addressed common concerns, such as what happens to AVC when changing jobs or relocating and the importance of staying informed about PENCOM’s latest regulations. The session concluded with a call to action for participants to take proactive steps toward securing their retirement.

For more information, visit www.leadway-pensure.com or contact info@leadway-pensure.com.

About Leadway Pensure

Leadway Pensure is a top-tier Pension Fund Administrator (PFA) in Nigeria. It is dedicated to providing innovative pension solutions that empower individuals to secure their financial future. With a customer-centric approach and a suite of digital tools, Leadway Pensure remains at the forefront of retirement planning and wealth management in Nigeria.