National Superannuation Fund (Nasfund) Brand Ambassador Justin Olam recently met with Fund members in Port Moresby.
On Wednesday (February 16th) and Thursday (February 17th), Olam visited selected contributing employers in the food manufacturing, hospitality, airline, financial, and retail industries, to promote the Fund’s products and services.
These sessions included discussions on the importance of members updating their details, encouraging voluntary member contribution, highlighting the Nasfund Membership Discount Program (MDP) as well as promoting Eda Supa, the Fund’s voluntary savings scheme.
His engagements also included an appearance on Nasfund FM100 Talkback, an interview with EMTV Sports Scene and a brief media conference.
Commenting on his engagements, Olam said he was excited at continuing to play his part in promoting financial security through superannuation.
“In PNG, there is still a need to develop a savings culture.”
“As Nasfund Brand Ambassador, and member, I am pleased to do my part in encouraging my fellow members to take superannuation savings seriously.”
“This is part of my contribution to promoting the development of a savings culture – something that I am passionate about.”
“I look forward to continue working with the Nasfund Team in promoting the importance of saving through superannuation, for the benefit of our members and potential new members throughout PNG.”
Nasfund Chief Executive Officer (CEO) Ian Tarutia thanked Olam for using his time and position as Brand Ambassador to assist the Fund promote a savings culture through superannuation.
“Currently, 850,000 or 9.4% of Papua New Guineans are contributing towards their retirement. This means over 90% of our people are missing out on this benefit.
At Nasfund our focus is to encourage this uncovered segment of our population to save with us. Compliance with the Superannuation Act is one avenue or voluntary means through our Eda Supa facility.
As the largest superannuation by membership size, we are aware of the need to keep the public informed – and our engagements are a big part of this.
We are privileged to have our Brand Ambassador here in PNG for a few days to speak to our members.
We also thank our contributing employers who took time to host our Brand Ambassador at their respective locations – your membership, and support is appreciated, and we look forward to continuing engaging, in promoting the importance of superannuation savings.”