The important thing about the “Employee Investment Scheme” is the employer brings about financial literacy into the workforce.
This was the statement by Unit Trust of Fiji-Chief Executive Officer, Vilash Chand during the signing of the Memorandum of Understanding between Unit Trust of Fiji and Bio security Authority of Fiji this week.
There are two types of Plans that Employees can sign up for, as Chand explains Unit Trust has a Diversified Portfolio.
The main reason for the scheme is to empower Fijians to save and Invest in their Future. Currently there are 27 institutions under the Voluntary Scheme in Fiji.