The non-bank financial institutions that are entrusted with workers contributions towards retirements are

a

Mortgage institutions

b

Investment companies

c

Pension funds custodians

d

Pension funds administrators

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c

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NOTABENE2021
4 years ago

Option D
Explanation: A Pension Fund Administrator (PFA) is a company licensed by the National Pension Commission to manage and invest the pension funds in the employee’s Retirement Savings Account (RSA).

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