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Writer's pictureDamilola Agubata

5 Reasons You Should Choose Oak Pensions as Your PFA

Your pension is just as important as your current salary. If you are in doubt, picture yourself during your retirement a few years from now. What do you see? Are the scenes pleasant? Or are you instantly frightened?


You shouldn’t dismiss the value of your pension plan. Considering that you won’t work forever, a good pension plan is your cover during your retirement.


Have you decided to have a pension plan? Then you’ve just made one of the wisest decisions of your life.


After making this decision, the next step is to choose a Pension Fund Administrator (PFA) that helps you to achieve a stable and comfortable retirement by:


  • Managing your pension fund contributions

  • Investing your pension fund assets

  • Paying your retirement benefits as and when due


Oak Pensions is a reliable Pension Fund Administrator (PFA) you can trust with fulfilling your retirement benefits.


Why should you take our word for it? This is because there are facts to back it up.


Here are five reasons to convince you beyond a reasonable doubt that you should choose Oak Pensions as your PFA.



5 Reasons You Should Choose Oak Pensions as Your PFA
5 Reasons You Should Choose Oak Pensions as Your PFA

Your Data is Secure


As a reliable PFA, Oak Pensions has a strict and well-regulated Privacy Policy by fulfilling all responsibilities under the Nigeria Data Protection Regulations (NDPR).


This means that when you submit all your personal data to Oak Pensions for processing, it is protected under the NDPR and cannot be violated at any time.


There is also a Data Protection Officer on standby to attend to everyone. The Data Protection Officer can be contacted via jideo@oakpensions.com or through the Oak Pensions Limited Lagos office at 266 Murtala Mohammed Way, Alagomeji, Yaba, Lagos, Nigeria.


Responsive Customer Care Representatives


Oak Pensions’ customer care service is always responsive. Not just that, they also go over and beyond to put customers first and make sure that customers enjoy their experience while making requests or complaints.


To make you enjoy a better and seamless customer service experience, Oak Pensions has made it easier for you to chat with a customer care representative. All you have to do is download the Oak Pensions mobile app (if you haven’t yet) and log in with your RSA PIN and registered mobile number.



Our various call centre contact details include:

Mobile: 01-2953095

Call Centre: 0700CALLOAK (07002255625)

Email: info@oakpensions.com; customercare@oakpensions.com


Impressive Return on Investments (ROI)


If you need another reason to choose Oak Pensions, then you have one right here: Oak Pensions has performed impressively as regards Returns on Investments from January to June 2022 for Fund I.


Also, in the third quarter of 2021, Oak Pensions led the list of the best performing PFAs for all fund types in the country, according to the report published by Nairametrics.



Table of best performing PFAs in Q3 2021. Image Credit: Nairametrics
Table of best performing PFAs in Q3 2021. Image Credit: Nairametrics

This achievement is important because it is in line with our vision, which is "to be amongst the top five performing PFAs.”



Image of Oak Pensions Vision Statement
Image of Oak Pensions' Vision Statement


Your Financial Security is a Priority


At Oak Pensions, your financial security is given top priority. This is why we started a weekly-updated blog to share financial tips and updates so that you can benefit and improve your finances.


Have you been up-to-date with the financial tips and information we share on our blog? Catch up with them a few of them below:





After reading these articles, you’ll undoubtedly learn a thing or two about how to secure your finances the right way.


Tailor-made Products and Services


Saving for a comfortable life in your retirement comes in different forms and packages. And Oak Pensions understands this. This is why we have the following products that can help you decide the best way you prefer to plan for your retirement.


Retirement Savings Account (RSA)


Your Retirement Savings Account (RSA) serves you as a 9 to 5 employee or worker either in the public or private service. This pension plan is portable because you can continue to use it in different organizations where you get employed.


Voluntary Contributions


You can choose to make additional contributions to increase your required pension obligations. This pension plan is known as voluntary contributions (VC). It is a voluntary contribution that you can make on top of the required pension contributions.


How does Voluntary Contributions Work?


  • You open a Retirement Savings Account

  • You first deposit the standard rate which is 10% of your monthly salary into your RSA

  • Your employer then deposits the standard 8% of your monthly salary into your RSA

  • Then Oak Pensions takes out your additional contributions (VC) and deposits them into your RSA before taxes are deducted from your salary.


Major Benefits of Making Voluntary Contributions (VC)


  • Boosts the value of your retirement savings

  • It is a convenient option for saving because you decide the frequency (monthly, quarterly, bi-annually, or annually).

  • Can be withdrawn partially or completely at any time.

At this point, you are already interested in opening a Retirement Savings Account (RSA) and can’t wait to start planning your retirement with Oak Pensions. You’ve made the best choice.


Shoot us an email via info@oakpensions.com or call the Marketing Manager on 09087448661 to get started today.


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