A press release confirms a 9.1% annual dividend for National Provident Fund contributors for the year ended 30 June 2020, which equates to $64.5 million tala in value. By comparison, this years dividend is the same as last years 2019 dividend also 9.1%, but a drop compared to the 2018 dividend of 10%. The […]
SNPF Pays Out $1.6 million on First Day of Disbursement
Following the announcement of a Special Dividend payout for Samoa National Provident Fund (SNPF) members, the CEO confirmed that $1.6 million tala was paid on the first day of disbursements today. The 1.1% dividend based on member contributions was announced last Friday by the Minister, Board and Management of SNPF as part of the fund’s […]
Samoa NPF and UTOS Receive Dividends from Unit Trust of Fiji
10 September 2019 Apia Samoa. Press Release. SNPF and UTOS received a collective FJD$406,183.66 (ST$495k) in dividends from the Unit Trust of Fiji. The Unit Trust of Fiji declared a total dividend of 6.73cents per unit for Financial Year Ending 2018 and most recently announced an interim dividend of 3.50cents per unit for the first […]
Increase to NPF Compulsory Contribution Harsh and Unconscionable Says Founding Member of Samoa First Union
20 April 2019, Apia Samoa. Senior lawyer and founding member of Samoa First Union, Unasa Iuni Sapolu has described the NPF proposed increase to the compulsory superannuation deduction as ‘unconscionable and harsh’. Responding to questions from Samoa Global News Unasa said the proposed increase may have been fair if contributors were given a wage increase […]
Pauli is Guest Speaker at Chamber of Commerce April Members Meeting
13 April 2019 Apia Samoa The Samoa Chamber of Commerce will be hosted by the Samoa National Provident Fund (SNPF) for it’s next monthly members meeting scheduled for this coming Monday 15th April 2019. The SNPF had announced an increase to the compulsory supperannuaton deductions from the current 7% in a staggered approach over 3 […]
