Latest News
Retirement Reform: What you need to know
The fund has previously communicated on the retirement reform changes that will come into effect on 1 March 2021. These changes were initially meant to be implemented on 1 March 2015 but were postponed to 1 March 2021 to get an agreement between all stakeholders, including stakeholders at NEDLAC level.
COVID-19: Let us all be responsible together
Dear NFMW-member, the COVID-19 pandemic has impacted all aspects of our lives and we wish to express our heartfelt condolences to everyone who has lost loved ones during these trying times.
NFMW DEFAULT LIFE STAGE MODEL: NEW APPROACH TO PORTFOLIO SWITCHING EFFECTIVE FROM 1 MARCH 2021
The fund is implementing a “phasing-in” approach for default portfolio switches effective from 1 March 2021. The NFMW applies a life stage model which automatically takes members through different investment portfolios i.e. aggressive to more conservative portfolios as they near retirement age.