UTOF Launch Financial Empowerment Programme

Unit Trust of Fiji will be launching their new financial empowerment programme live on Facebook from 11am to 12 pm today.
The programme is called Loloma nei Nau. Regional general manager Sakiusa Bolaira said there were a lot of requests from women’s groups that have embraced the importance of investments and it was through their findings in the communities that they created the itaukei language programme.
Mr Bolaira said the facilities will be provided by UTOF as it’s a newly developed area.
“Women are the best decision makers in our communities, the hardship they face in terms of budgeting, forecasting and managing the family and we’ll be capturing that information,” Mr Bolaira said.
“We have noticed a shift in the interest coming from the communities, a new trend is developing in the women’s group in the churches.”
“It will be something that we will be highlighting in our show. When you have faith and financial security, the synergy between those two is where we come in.”
“Once you preach and pray, the social challenges you have, investment is the answer to that,” he said.
Mr Bolaira said a lot of products are expected to roll out for the women and prizes to win during the interactive programme.
“The programme is an open forum and men are also invited to watch the live feed, even though it is geared towards women.”
Community Feedback
Financial literacy and development officer Sera Rosa said while visiting villages and maritime is- lands she noticed that women do not know about investments and savings.
“Women take our advice seriously on savings and investment and not only depend on their FNPF to support their children’s education through financial support from the institution,”Ms Rosa said.
“Parents have another option in investing at Unit Trust of Fiji in our “Children investment plan” to save for their children’s future plan.
Fee
Ms Rosa said they do not charge any fee at the moment and depending on the preferences of the customer then the officers could draw up a plan suitable for them.
This depended on the prices of the unit as prices changes by month and month end.
Viewers may send in their questions via phone call or text messages to 9981016.
Feedback: laisa.kabulevu@fijisun.com