Leadway Holdings fully acquires PAL Pensions in renewed battle for market share
- Leadway Holdings secures full ownership of Pension Alliance Limited (PAL Pensions).
- The merger positions the combined entity among Nigeria's top three pension fund administrators by assets.
- PAL Pensions recently celebrated its 20th anniversary and surpassed ₦1 trillion in assets under management.
The acquisition of PAL Pensions by Leadway Holdings represents a significant step in consolidating the Nigerian pension market, potentially leading to improved services and customer satisfaction. However, the success of this merger will depend on effective communication with customers regarding any changes to their accounts and services.
