Article 8: Liquidity management and Solvency

As the sole superannuation fund in the country, the Fiji National Provident Fund is the primary savings scheme for thousands of members.

With assets worth $7.9 billion, the Fund’s financial position is often the topic of discussion and even more so now, given the access that has been allowed for COVID-19 withdrawals.

Many questions have been raised in various forums about the viability of the Fund, given the uncertain economic climate due to the global health pandemic.

Following the release of the 2020 Annual Report, there have been concerns about the Fund’s cash position and future.

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