RISK MANAGEMENT AND PENSION FUND RETURNS: DOES PENSION FUND ADMINISTRATOR OWNWERSHIP TYPE MATTER?
| dc.contributor.author | Aliu, 0. A. | |
| dc.contributor.author | Abdul-Hamid, Mohamad Ali | |
| dc.contributor.author | Salam, Mudathir Olanrewaju | |
| dc.contributor.author | Haliru, Adeshola Nurudeen | |
| dc.date.accessioned | 2023-05-25T09:57:06Z | |
| dc.date.available | 2023-05-25T09:57:06Z | |
| dc.date.issued | 2022 | |
| dc.description.abstract | Pension fund returns form an integral component of defined contribution pension plan benefits. However, low and volatile real return profiles of pension funds have been sources of growing concern due to failure to generate generate adequate returns. This study examined risk management impact on pension fund returns as perceived by pension fund administrators of the Nigerian contributory pension scheme. The study further assessed the interaction effect of PFAs type (open and closed) on the risk management impact on pension fund returns. Data was collected through the administration of survey questionnaires on 197 managers and assistant managers of all the 24 pension fund admistrators. Based on the analyses of survey responses from the survey of managers and assistant-managers of PFAs, results from Ordinary Least Square (OLS) regression and Hayes Macro show a positive and significant impact of risk management on the pension funds returns of contributory pension scheme in Nigeria. The results further confirm a significant interaction effect of PFAs types on the impact with closed PFA reporting a stronger relationship between risk management and pension funds returns of contributory pension scheme in Nigeria. The study recomemended that open PFAs intensified their risk management practices in the interest of the employees whom they manage their pension assets | en_US |
| dc.identifier.uri | https://uilspace.unilorin.edu.ng/handle/20.500.12484/10803 | |
| dc.language.iso | en | en_US |
| dc.publisher | Department of Finance, University of Ilorin | en_US |
| dc.title | RISK MANAGEMENT AND PENSION FUND RETURNS: DOES PENSION FUND ADMINISTRATOR OWNWERSHIP TYPE MATTER? | en_US |
| dc.type | Article | en_US |