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FUG pensions: History, Services, Contact Details, Facts


Are you searching the internet to get information about the FUG Pensions? If yes, then you are on the right track as this page will provide you with everything that you need to know about this company.

About FUG Pensions

Future Unity Glanvills (FUG) Pensions is a pension fund administrator that is licensed to manage the Retirement Savings Accounts (RSA) of individuals as well as corporate organizations in the Nigerian public and private sector.

They were approved by the National Pension Commission (PenCom) to function as a Pension Fund Administrator on Thursday, 2st of June 2007 to manage the Retirement Savings Accounts (RSA) of individuals, agencies, and organizations across the Nigerian public and private sector in accordance with the guidelines of the Nigeria Pension Reform Act (PRA 2014).

Currently, FUG Pensions has been acquired by Veritas Capital Ltd and the name has been changed to Veritas Glanvills Pensions Limited.

Veritas Glanvills Pensions Ltd is owned by Veritas Kapital Assurance Plc (formerly identified as UnityKapital Assurance Plc), a leading insurance company with over 30 years of experience in the area of pension fund management and administration.

FUG Pension Services

VG Pensions offers various services for individuals, organizations, and businesses in investment and asset management. Their services include the following:

  • They open and create Retirement Savings Account (RSA) for every contributor. Moreover, they make sure that a personal identity number (PIN) is obtained from the PenCom National Data Bank
  • Additional Voluntary Contributions (AVC): They manage and invest contributions to enhance the growth of the pension funds & assets as stated in the Pension Reform Act.
  • Benefits Administration which involves managing and giving benefits to RSA holders who are eligible under the Nigeria Pension Reform Act (PRA 2014) to withdraw from their Retirement Savings Accounts.
  • Portfolio Management: They assist individuals to sustain and build their investment plans.
  • Pension Advisory Services: They guide and advise institutions and companies in the private and public sector on Retirement & Personal Financial Planning and also on the implementation of the Pension Reform Acts 2014.
  • They offer a stable 24/7 customer care support for contributors to access their account balances as well as their Statements of Account instantaneously.
  • VG Pensions maintains transparency in bookkeeping and they provide information on investment strategies & market returns frequently to the regulatory authorities and employees/beneficiaries.

FUG Pensions Contact Details

Do you have questions that you would want to ask about the pension scheme? Do you have inquiries to make about their services and offers?

If you need help concerning their services, you can contact VG Pensions by paying a visit to any of their regional offices in any part of the federation.

They have 6 regional offices in Lagos, Abuja, Asaba, Port-Harcourt, Kano & Ibadan and they also have many branches and zonal offices across the country.

  • Head Office: The Veritas Glanvills Pensions House is located at Plot 1698 C & D Oyin Jolayemi Str, Victoria Island, Lagos State, Nigeria.
  • Phone: 01-2803550.
  • Email: [email protected], [email protected]
  • Website:
  • You can also contact them using the form on the footer of their website.

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