Article 9: Independent Validation of FNPF

The Fiji National Provident Fund’s role as custodian of members’ funds means that due care and diligence must be practiced at all times to ensure that members’ retirement savings are protected.

The FNPF Act 2011 and Regulations give mandate to the Board on how the affairs of the Fund must be administered. Through various policies, these powers are then delegated to Management to run the day to-day operations of the Fund. Apart from the various protections in the FNPF Act to safeguard members’ interests, there are other independent parties that are either required by the legislation and/or engaged by the Board to ensure that the operation of the Fund is conducted to the best international standards.

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