Retirement Product Offers Flexibility
The Fiji National Provident Fund today announced that it would soon launch a retirement product that offers members flexibility and earns an interest.
Chief Executive Officer Viliame Vodonaivalu said the new product, called the DrawDown Account (DDA) allows members to receive a monthly income, access withdrawal and earn interest on their balances.
“Eligible members will need to decide how much they want to invest in the DDA and must ensure that it is enough to afford them more than the minimum monthly payment – which is $50.”
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Source: Fiji National Provident Fund
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