Nasfund says due to technical issues relating to the change in the file formats by Bank South Pacific’s system upgrade, member superannuation contributions since then are yet to be allocated into member accounts.
It says the Fund Administrator has identified this technical issue and has been working with BSP to ensure that this is rectified to allow member contributions to be allocated into member accounts.
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| Nasfund photo |
" Testing is being carried out, with updates to member contributions to commence once all issues have been resolved," it said in a statement on its social.
"If you have made deposits within this period, please forward your remittance advice to your respective Nasfund account manager."
Nasfund has apologised for the inconvenience caused and assured members that regular updates would be provided through the account managers.
This year the superfund announced an audited results of K256 million profit after tax for the year 2022, approved by the trustee and board.
Its net asset value is at K6.3 billion.
The 650,000 members were credited 4.3 percent.
