Financial performance of pension funds in Nigeria

Detalhes bibliográficos
Autor(a) principal: Aminu, Shamsudeen Abiola
Data de Publicação: 2022
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/26554
Resumo: Mestrado Bolonha em Actuarial Science
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spelling Financial performance of pension funds in NigeriaPension funds’ performanceProfit before taxContribution densityIdle contributionAge of fundNigeriaMestrado Bolonha em Actuarial ScienceThe main objective of this work is to assess the financial performance of pension funds in Nigeria. It starts by describing the pension schemes operating in the country and the various legislation enacted, and then progresses to focus on variables like the net assets under management, income, and profit before tax, on one hand, and variables like density of contribution, expenditure, age of fund, idle contribution, and retirement savings account membership, on the other hand. Taking these variables, a linear regression approach was attempted to measure the profitability obtained by the pension funds’ investments, mainly following the works by Oluoch (2013), Kigen (2016), Ajibade, et al. (2018), and Adekoya, Nwaobia, & Siyanbola, 2022. The study applied quantitative secondary data collected for 20 pension fund administrators. The sources are the annual financial statements of the administrators and the annual report of the regulator, the National Pension Commission. Although some of the proposed specifications do not satisfy the regression assumptions, due for instance to the presence of multicollinearity among variables, it was still possible to fit a model that provides useful results. The main conclusions confirm that the density of contribution has a positive significant effect on the financial performance of pension funds in Nigeria, measured by profit before tax, while idle contribution and age of fund have no significant effect on this performance.Instituto Superior de Economia e GestãoSimões, Onofre AlvesRepositório da Universidade de LisboaAminu, Shamsudeen Abiola2022-12-22T11:07:34Z2022-102022-10-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.5/26554engAminu, Shamsudeen Abiola (2022). “Financial performance of pension funds in Nigeria”. Dissertação de Mestrado. Universidade de Lisboa. Instituto Superior de Economia e Gestãoinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:56:00Zoai:www.repository.utl.pt:10400.5/26554Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:10:11.089448Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Financial performance of pension funds in Nigeria
title Financial performance of pension funds in Nigeria
spellingShingle Financial performance of pension funds in Nigeria
Aminu, Shamsudeen Abiola
Pension funds’ performance
Profit before tax
Contribution density
Idle contribution
Age of fund
Nigeria
title_short Financial performance of pension funds in Nigeria
title_full Financial performance of pension funds in Nigeria
title_fullStr Financial performance of pension funds in Nigeria
title_full_unstemmed Financial performance of pension funds in Nigeria
title_sort Financial performance of pension funds in Nigeria
author Aminu, Shamsudeen Abiola
author_facet Aminu, Shamsudeen Abiola
author_role author
dc.contributor.none.fl_str_mv Simões, Onofre Alves
Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Aminu, Shamsudeen Abiola
dc.subject.por.fl_str_mv Pension funds’ performance
Profit before tax
Contribution density
Idle contribution
Age of fund
Nigeria
topic Pension funds’ performance
Profit before tax
Contribution density
Idle contribution
Age of fund
Nigeria
description Mestrado Bolonha em Actuarial Science
publishDate 2022
dc.date.none.fl_str_mv 2022-12-22T11:07:34Z
2022-10
2022-10-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/26554
url http://hdl.handle.net/10400.5/26554
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Aminu, Shamsudeen Abiola (2022). “Financial performance of pension funds in Nigeria”. Dissertação de Mestrado. Universidade de Lisboa. Instituto Superior de Economia e Gestão
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Instituto Superior de Economia e Gestão
publisher.none.fl_str_mv Instituto Superior de Economia e Gestão
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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