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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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Nasfund’s primary purpose is to provide its members (or their beneficiaries) financial protection during retirement, unemployment, death, disability to work or when the normal flow of income is suddenly cut off.
About Nasfund
Nasfund is Papua New Guinea’s first Approved Superannuation Fund, licensed by the Bank of Papua New Guinea under the Superannuation (General Provisions) Act 2000. It was incorporated under the Companies Act in May 2002, as the successor to the former National Provident Fund.
Nasfund’s members include employees from private sector companies, government-owned corporations and statutory authorities.
The fund exists to provide financial protection to members (and their beneficiaries) in the event of retirement, loss of employment, death (funds are paid to nominated beneficiaries), disability or during unexpected loss of income.
Get in touch
Please contact us on: Call: 1588Email: help@nasfund.com.pg
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