November 2016

The Annual report, covers the activities of the fund for the year ending 30 June 2016 and is included in this edition of the mailer. Some of the key highlights;

• Our membership has grown to more than 43 000 members nationally.
• The fund's total assets have increased by R2 billion during the year under review, to over R12 billion.
• The fund performed well in terms of its investment objectives. The returns added to members' fund credits over this period were well above inflation, with the Aggressive portfolio achieving in excess of 10%.
• Administration costs have reduced to only 0.5% of pensionable salary.
• Funeral benefits have improved with a reduction in risk cover cost.

Members will receive the Annual report and their Benefit statements in the mail. Please ensure that you contact the fund should you have not received these very important documents by mid December.
Enjoy reading and please feel free to contact us if you have any questions or require assistance with fund related matters.

2015/2016 NFMW Annual report

Please click here for the electronic version of the Annual report. 

Fund video - Tom's story

Please click here to view the latest fund video on the importance of updating the Nomination of Beneficiary for death benefit-form.

Festive Season arrangements

Office closure: The office of NFMW will close at 10:00 on Friday, 23 December 2016 and will reopen on Tuesday 03 January 2017.
November contributions: It will be greatly appreciated if the monthly contribution schedule and the proof of payment is submitted to the Fund before or on the 5th December 2016. (Applicable to participating employers)
Family cover claims: During the period of closure, Family cover claims must kindly be faxed to
086 668 0750 or emailed to ina@nationalfund.co.za.  To expedite payment please ensure that all required documents are attached to the claim. 

Congratulations to the winners of the website launch competition!!
1st Prize – Johan Laubscher, 2nd Prize – Nkosinathi Ngcuzunga, 3rd Prize – Lynette Jonker , 4th Prize – Manabaneba Takalani and 5th Prize winner – Jennifer du Plessis.
Thank you to everyone who participated, we value your feedback.