The Association of Pension Desk Practitioners of Nigeria (ASSOPEP) on Saturday, appealed to Federal and state governments to pay over N400 billion owed to pensioners under the Contributory Pensions Scheme.

The Association of Pension Desk Practitioners of Nigeria ,ASSOPEP, has called on both Federal and State governments to pay over N400 billion it owes pensioners under the Contributory Pension Scheme.

The group frowns at a situation whereby none of the 36 states of the federation and the Federal Capital Territory, FCT, Abuja, is fully complying with the Pension Reform Act, 2014, as amended.

In part one of this report we discussed one of the steps to sound retirement planning i.e. Quantify assets and net worth. In this article we shall consider step two to four.

There are seven keys to a lot of things in life. There are seven steps to heaven and seven types of intelligence and seven habits of effective leaders.

Now we have seven steps to retirement planning courtesy of the Society of Actuaries, which just released a 64-page report with the not-so-consumer friendly title "Segmenting the Middle Market: Retirement Risks and Solutions Phase II Report."