Media Releases

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Media Releases

The Fiji National Provident Fund (FNPF) has agreed to acquire the QBE Insurance Arcade Building (subject to usual regulatory consents).

Located at 33 Victoria Parade in the heart of Suva CBD area, the property provides easy access to customers and members of the public as a junction between Scott Street and Joske Street in the central business district.

FNPF would like to clarify that its decision to address inactive accounts concerns only those with zero balance or with no funds in their FNPF account.

Acting Chief Executive Officer Viliame Vodonaivalu confirmed that the Fund had received an influx of enquiries from members who were concerned about the FNPF’s recent move to explore policy intervention in addressing the issue of zero balance.

"It seems a misunderstanding exists that this will apply to all members. The process of addressing these accounts with zero balances will not affect any member that has funds”

The Fiji National Provident Fund Board announced two senior executive appointments today.

Chief Investment Officer Viliame Vodonaivalu has been appointed Acting Chief Executive Officer while Pravinesh Singh has been confirmed as Chief Operating Officer. These appointments follows Mr. Jaoji Koroi’s notice to leave at the expiry of his contract as CEO, in March.

Members of the Fiji National Provident Fund who have accessed the ongoing COVID-19 withdrawals and wish to continue receiving this assistance, must re-apply on the myFNPF App or through their employer.

 This is specifically for those members who had accessed Phase 2 Round 3 and had consented for future assistance but received a contribution in their FNPF account over the past four months.

A total of 1,761 Fiji National Provident Fund members have accessed the Tropical Cyclone Yasa Relief that was activated in December.

These members have been paid a total of $2.49million.

Chief executive officer Jaoji Koroi said that more than 4,800 applications were received and the remaining applications will be processed and paid by Friday 15 January.

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