National Superannuation Fund Ltd or NASFUND is an accumulation fund and was the first Approved Superannuation Fund to be licensed by the Central Bank under the Superannuation (General Provisions) Act 2000. NASFUND is the successor entity of the National Provident Fund and was incorporated as a company under the Companies Act in May 2002.
Its membership are mainly workers from private sector companies, government owned corporations and statutory authorities. NASFUNDs’ primary purpose is to provide its members (or their beneficiaries) financial protection at retirement, loss of employment, death, disability to work or when the normal flow of income is suddenly cut off.
In order to grow member savings to achieve the aims of superannuation, NASFUND invests its members’ funds across a variety of asset classes and aims to credit positive returns annually above inflation and at call money market rates. Compliance to its investment guidelines is paramount to achieving this outcome.
NASFUND also strives to provide an efficient and effective superannuation service and has a number of innovative benefits and products available for members.
It is governed by a board of directors comprised of seven shareholder representatives and three independents.
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