Nigeria’s pension sector delivered a strong performance in the first nine months of 2025, despite economic headwinds including high interest rates, currency volatility, and cautious stock market activity. According to industry data, the sector recorded an average return of 16.81% across all Pension Fund Administrators (PFAs) and Retirement Savings Account (RSA) fund categories, showcasing the resilience and strategic management of Nigerian pension funds.
Growth-oriented RSA Fund I led the performance charts with an impressive average return of 21.52%, followed by RSA Fund II at 18.30%, RSA Fund III at 14.64%, and RSA Fund IV, designed for retirees, at 12.78%. These returns underline the importance of selecting PFAs and fund categories aligned with individual risk tolerance and retirement goals.
Among the top-performing PFAs, Pensions Alliance Limited emerged as the overall leader, posting a stellar 20.83% average return. Trustfund Pensions Plc and Crusader Sterling Pensions Limited followed closely with 19.38% and 19.00%, respectively. Their success was largely driven by strong Fund I and II performances, reflecting disciplined portfolio management and effective asset allocation strategies.
Other PFAs, including FCMB Pensions Limited, Leadway Pensure PFA Limited, Guaranty Trust Pension Managers, Stanbic IBTC Pensions, and Access ARM, also recorded above-industry returns. These results highlight the competitive nature of Nigeria’s pension industry and the benefits of data-driven investment strategies across diverse RSA fund types.
For contributors, the performance data underscores the value of regular PFA reviews and understanding the suitability of each fund type. By aligning investment choices with age, risk appetite, and retirement horizon, pension holders can maximize returns while safeguarding their future financial security.
source: nairametrics