Koroi: Investment growth strategy to balance risks, returns

FNPF chief executive officer Jaoji Koroi. Picture: FT FILE

FNPF chief executive officer Jaoji Koroi. Picture: FT FILE

ISSUES such as irregular work patterns, relatively low income and general reliance on Fiji National Provident Fund (FNPF) to finance other expenses are some of the reasons that members have balances below $10,000.

FNPF chief executive Jaoji Koroi said the challenge for the fund is to strike a balance between assisting members achieve a better quality life and in saving for retirement.

He added that as a long term investor, the fund continues to pursue an active investment growth strategy that balances risks and returns, provides a sustainable income and positions the fund to take advantage of growth through capital appreciation.

The FNPF members forum was held in Suva yesterday and members came out in numbers to enquire about how their FNPF contributions was being put to use.

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