The Fiji National Provident Fund is a defined contribution fund that provides superannuation services to its members. The operations of the Fund is guided by the FNPF Decree 2011 and the FNPF Transition Decree 2011. As such, FNPF is mandated by law to collect compulsory contributions from employees and employers towards the retirement savings of all workers in Fiji. Apart from retirement savings, the Fund also provides pre-retirement benefits such as housing, medical and education assistance.
As at 30 June 2016, FNPF's total assets were valued at $5.1 billion, of which $4.4 billion is members' balance for our 406,065 members.
FNPF is a major investor in Fiji and one of the country's largest property owners. The Fund also owns majority of shares in Amalgamated Telecom Holdings Limited, Vodafone Fiji Limited, Home Finance Company Bank, and fully-owns the Natadola Bay Resort Limited (InterContinental Fiji Golf Resort & Spa), Holiday Inn Suva, Fiji Marriott Resort and 25% of the Grand Pacific Hotel.