Close to 3,000 individuals walked through the FNPF Downtown Boulevard last week and visited the Retirement Expo to get information on how they can save more and invest for retirement.
Chairman of the Retirement Expo Committee, FNPF’s General Manager Member Services Alipate Waqairawai expressed his satisfaction with the outcome of the expo.
The Expo was rolled out by the Reserve Bank of Fiji, FNPF, the Pacific Financial Inclusion Program, under the banner of the Financial Literacy Working Group, in an effort to educate and create awareness on savings and retirement planning.
Statistics from FNPF last year, revealed that 73% of its members had a balance of $10,000 or less.
This further catapulted the urgent need for awareness.
The Expo enabled the public to seek advice on retirement planning, find out how to start a business, obtain information on the various government grant schemes available and on financial products such as insurance, investments and loans that could help supplement FNPF savings.