The excellent performance to the country’s two superannuation funds in the 2025 financial year has received some great commendations.
Managing Director of the Investment Promotion Authority (IPA), Mr. Clarence Hoot, has commended both the Nambawan Super Limited (NSL) and Nasfund on their continued outstanding performances following their recent announcements of annual interests credited to their members’ accounts.
Earlier this week NSL credited 12% interest to their members’ accounts while Nasfund paid 13% to their members.
In congratulating the Super Funds for declaring profits after their 2025 audited results, Mr. Hoot said that the funds were a secured investment vehicle supported by experienced managers in growing the members’ contributions for their future retirement benefits.
“The continued increase in the interest rate by the super funds over the years should give confidence to its members and the general public as a whole. They are an avenue for the public to invest their money instead of investing in money schemes,” he said.
The public is encouraged to explore opportunities and consider super funds as a trusted avenue to secure investment for their future sustainability.
In a statement by Nasfund Chief Executive Officer Mr. Rajeev Sharma said that for the first time in the history of Nasfund that the profit after tax had surpassed one billion Kina which he attributed to the strength of their investment strategy and disciplined financial management.
Similarly, NSL had announced strong 2025 financial results as the Fund assets reached K13 billion which they said reflected continued growth despite a challenging global and domestic economic environment.
Mr. Hoot said such performances should give confidence to our local SMEs and the public to invest in the Funds and allow the Funds to grow their investments.
The Investment Promotion Authority will also explore ways of working with the super funds on investment opportunities within PNG and abroad.