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STUDENTS ENCOURAGED TO PRACTICE SAVINGS CULTURE

Nasfund continues to promote superannuation literacy awareness for its ‘Young Savers Campaign’ by visiting schools and advocating on the culture of savings which will help students plan for their retirement goals at an early age.

The first school visited by Nasfund was St Joseph International Catholic College to promote superannuation literacy awareness. CEO Rajeev Sharma said the ‘Young Savers Campaign’ was initiated especially for students and young people to encourage them to practice a savings culture at an early age.

“As a Fund, we have come to realize that most young people have little to no knowledge about superannuation and the importance of saving for retirement. Therefore, having in mind that these young people are the future generation of Papua New Guinea who will make up tomorrow’s workforce, we believe it is important that they are introduced to this basic knowledge whilst still in school,” Sharma said.

The second school visited by Nasfund this week was Sogeri National School of Excellence. General Manager for Marketing, Communications, and Research Turaho Morea who spoke on behalf of the CEO to the students of Sogeri shared similar sentiments stating that some of these students are potential future members of Nasfund when they venture into the private sector workforce 5 to 6 years from now.

“That is why we believe early superannuation knowledge is crucial to help them make informed decisions about their retirement savings in the future,’’ Morea said.

Following these, a small presentation took place which saw Mr Morea handing over a laptop to the representative of the School’s Student Representative Council. This saw School Principal, Mr Teddy Ferea acknowledged Nasfund for reaching out to the school to conduct this awareness and for being one of the main sponsors during the school’s 54th graduation ceremony held last month.

‘’We thank Nasfund for supporting us by sponsoring two laptops. One has been presented to the school’s STEM Dux runner-up student by the name of Macklay Murr, whilst the other laptop is now given to the SRC team who have been very active on campus by supporting all our school activities this year.’’

Both parties pledged to continue similar activities next year to promote superannuation literacy awareness to all students.

Schools who are interested in being part of the ‘Young Savers’ campaign in 2024 are also encouraged to reach out to the Nasfund’s marketing team by emailing marketing@nasfund.com.pg to schedule appointments.

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