NICO Pension Launches Innovative Programmed Withdrawal Product
NICO Pension is thrilled to announce the launch of its groundbreaking Programmed Withdrawal product, designed to provide flexible and sustainable retirement income solution. This innovative offering represents the first in a series of product launches planned by NICO Pension for 2025. The Programmed Withdrawal product offers an alternative retirement option which comes with control,...
NICO Pension Supports Global AIDS Interfaith Alliance (GAIA) with K6 Million
NICO Pension, a leading financial institution in Malawi, has demonstrated its commitment to improving women’s health regarding cervical cancer. The company recently donated MK6 million to the Global AIDS Interfaith Alliance (GAIA), a non-profit organization dedicated to efforts toward raising awareness in the fight against cervical cancer in Nsanje District. Cervical cancer remains a significant...
NICO Pension 2024 Client Engagement Seminar
NICO Pension, a trusted provider of retirement solutions, is conducting its highly anticipated Client Engagement Seminars. The series of sessions is aimed at providing attendees with valuable insights and strategic guidance on critical aspects of pension management. Officials from the Reserve Bank of Malawi (RBM) delivered a comprehensive presentation, emphasizing recent regulatory developments....
One NICO Brokers Workshop: Navigating the Future Together
The NICO Group represented by NICO General, NICO Pension, and NICO Life Insurance held Broker Workshops under the theme "Navigating the Future Together", aimed at engaging with brokers and exploring the emerging risks in the Malawian insurance market. During the event, presentations were made, sharing updates on products and functionalities that can aid customers in the insurance processes....
NICO Pensions declares 14% bonus
NICO Pension has declared a 14% bonus for the year 2021 on pension funds under the Ufulu Unrestricted Fund. The return is an improvement from 2020’s 9.37% in the economy that has been affected by several issues, including disruptions cause by Covid-19 and rapidly rising inflation rate. NICO Pension General Manager, Gerald Chima, made this statement on the sidelines of the online member...