Access ARM Pensions has achieved a significant milestone, reporting that its assets under management (AUM) have exceeded N4 trillion following the merger of Access Pensions and ARM Pensions. This accomplishment underscores the strong momentum the merged entity has built since the consolidation of the two firms, reflecting growing trust from contributors, increased inflows, and improved service delivery.
According to the latest report, the AUM crossed the N4 trillion mark after experiencing a rapid increase of more than N1 trillion in less than 14 months post-merger. This surge comes on the back of enhanced governance structures, deeper investment capabilities, and a broadened nationwide presence that have helped attract and retain contributors across sectors.
The growth trajectory is notable given that at the time of the merger’s completion in October 2024, the combined firm’s assets were below N3 trillion. Since then, the firm has focused on reinforcing its operational model, leveraging technology to improve customer engagement and building confidence in its ability to manage retirement savings effectively.
Acting Managing Director Abimbola Sulaiman described the achievement as a “clear indication of the trust placed in the institution and the strength of its operating model.” With over two million Retirement Savings Accounts now under management, Access ARM Pensions is among the top players in Nigeria’s pension industry, serving a broad base of contributors and playing a vital role in the retirement planning market.
The merger, approved by the National Pension Commission (PenCom), was expected to deliver economies of scale and stronger service outcomes for retirees. Since then, the entity has not only met regulatory expectations but also exceeded many industry benchmarks for growth and service reach.
“The increase in AUM reflects disciplined execution and a consistent focus on acting in the best interests of our clients,” Sulaiman added, highlighting the company’s commitment to innovation, risk management, and dependable service. Investments in modern digital platforms and enhanced customer support systems have played a key role in making pension contributions more accessible and engaging for clients.
This upward trajectory is reflected in broader financial reports. Independent sources show that the merged company posted strong financial results for the 2024 financial year, with revenue hitting N28.2 billion and profits expanding by significant margins compared with the prior year, though in that period the combined AUM was around N3.5 trillion.
The steady growth in pension assets, including at Access ARM Pensions, contributes to Nigeria’s overall pension assets, which PenCom data shows have been rising as more workers participate in the Contributory Pension Scheme. These funds are vital for long-term savings and are increasingly important as a source of institutional capital for investment in bonds, equities, and other instruments that help develop domestic financial markets.
As Access ARM Pensions moves forward, the focus remains on strengthening investment processes, enhancing customer experience, and delivering sustainable retirement outcomes. Given the resilience demonstrated so far, the firm is well positioned to continue growing its influence in the pension sector while contributing to broader economic development goals.
