PORT MORESBY, August 08, 2019: On Friday 2 August Nambawan Super opened a new Service Centre in Kimbe West New Britain province.
The new office, located in the heart of Kimbe Town within the KBSA Building, will provide both Nambawan Super and Nambawan Savings and Loans Society services providing for both long and short term savings.
Nambawan Super’s Chief Executive Officer, Paul Sayer, said one of the main goals of the Fund was to help members save enough through their working life, to provide for a comfortable retirement.
“The Fund works hard through our investments to generate strong returns on members’ savings, so the money they save today grows and is worth even more for members over time,
“But we aren’t just focused on strong returns, we know members need good service and access to information and awareness sessions to help them improve their knowledge about good financial habits.
“We are developing resources to help our members improve their financial literacy and we are developing training so that all our staff can provide sound advice to members – so each of our members can achieve their best retirement outcome.”
Members’ desire to improve their understanding of superannuation and the benefits of savings was clear, with approximately 600 members attending the Kimbe member awareness session held the day before the new office opened.
“I congratulate the members who take the time to attend these important awareness sessions and thank employers for permitting their staff time off work to participate,” Mr Sayer said.
“We know the more people understand about basic financial matters, the better decisions they make, leading to improved financial well-being,”
“Attending this session may well help members have a more enjoyable retirement.”
Chairperson of NSLS, Lady Aivu Tauvasa, also marked the opening of the new service centre.
“Nambawan Savings and Loans (NSLS) can help anyone, not just members of Nambawan Super, with their short term savings goals.”
“West New Britain Province contributes a lot to the economy of Papua New Guinea, in particular through the agricultural sector,”
“NSLS will be able to support current and new members working in both the formal and informal sectors with quality savings and loans services,” Lady Tauvasa said.
Nambawan Super has more than 185,000 members from both the Public and Private Sectors whose combined net assets are worth K7.4 billion and growing.
Ms Anna Awasa
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