Nasfund to approve interest crediting rate for members

THE National Superannuation Fund (Nasfund) board will soon approve an interest crediting rate for its members for 2021 pending an external review of its audited accounts, chief executive officer Ian Tarutia says.
At the fund’s leadership workshop last weekend, Tarutia said: “While we wait for the final results, we will continue to work on achieving goals set out in our current five-year strategy which ends end of next year.
“Against a difficult operating environment in 2021, the fund performed quite well.
“Each division in the fund will continue to progress initiatives under key strategic pillars of solutions, engagement and innovation.
“To be the fund of choice and remain the largest fund by membership, we revised our strategy to include new offerings such as affordable housing and digital innovation.
“We are working hard behind the scenes to ensure that our services are being continuously improved, so that our members are ready for retirement.”
Commenting on the leadership workshop, which aimed at finalising this year’s strategic objectives and key performance indicator for roll out, Tarutia reminded staff participants that it was an honour and privilege for them to serve the fund membership.