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Company Announcements, Member Education, Superannuation
The National Superannuation Fund Limited (Nasfund) and BSP Financial Group Limited (BSP) have today signed a Memorandum of Understanding (MOU) to streamline the process for Nasfund members to obtain their BSP bank statements.
Superannuation is a long-term savings plan designed to provide income during retirement. It offers financial benefits through regular contributions and long-term investment growth.
To grow your Nasfund superannuation, actively contribute regularly, whether through employer contributions or voluntary top-ups, to boost your retirement savings.
To minimize tax on your Nasfund superannuation payout, keep your savings invested for at least 15 years. This reduces your exit tax to 0%, compared to higher rates for earlier withdrawals, while also maximizing your savings through compound growth.
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 in 2002.
Eda Supa is for anyone who is earning some form of income and wants to save in a superannuation environment, farmers, sole traders and small business owners.
Nasfund's investee companies are carefully selected to align with the fund's strategy of delivering consistent returns, ensuring sustainable growth, and maximizing value for its members.
Get discounts and save when you shop.
Watch your savings grow via your mobile phones
Discounts for Nasfund Contributing Employers
Experience a virtual online customer experience
The interim rate is the crediting rate the fund uses for withdrawals
A benefit that is offered to members while they still contribute to the Fund
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The free Will Kit consists of a basic Will document for members to download and complete. This document must be signed by the person making the Will in the presence of two or more witnesses present at the same time or in the presence of an authorized witness (Magistrate or Judge). While this is a standard Will template, it may not suit everyone and as such you should seek independent legal advice if uncertain.
The service will provide a faster, cheaper and easier way to access and complete a will document, which will assist those who may not have the available resources to prepare a Will.
The service may cater for the distribution of estates such as land and personal property (vehicles and shares) which in Papua New Guinea can be a major cause of conflict. The service does not include the distribution of superannuation contribution, which is protected and distributed in accordance with the Superannuation (General Provisions) Act 2000. The “Do It Yourself, Will Kit” service will provide the necessary protection of assets so that you leave behind a secured future for your loved ones. Take control of your legacy today.
Get in touch
Please contact us on: Call: 1588Email: help@nasfund.com.pg
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