News

Published on 1 October, 2020

The Fund applies a life stage model which automatically takes members through different investment portfolios i.e. aggressive to more conservative portfolios as they approach retirement age.

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Published on 31 August, 2020

As we have been communicating, the National Fund for Municipal Workers (NFMW) is in the process of electing seven members of the Board of Trustees for the next term of office commencing on 1 November 2020.

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Published on 28 August, 2020

The Financial Services Tribunal rules in favour of the National Fund for Municipal Workers (NFMW)

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Published on 3 August, 2020

It gives me great pleasure to announce that the NFMW has won a total of five Institute of Retirement Funds Africa (IRFA)

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Published on 21 July, 2020

The National Fund for Municipal Workers (NFMW) is in the process of conducting Trustee elections to fill the following seven vacancies on the Board of Trustees, effective 1 November 2020. Each member has the right to nominate another member to stand for election in his/her own province.

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Published on 17 July, 2020

There are different factors that can have an impact on the benefits payable to a member on resignation and retirement. It is therefore important that members are made aware of these factors in order to assist them to make informed decisions about their retirement savings to ensure the best possible outcome.

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Published on 10 July, 2020

The fund's primary objective is to provide benefits for its members on their retirement or withdrawal and for their dependants or nominees in the event of the member's death. Generating investment returns for members is important to achieve this goal, but this is just one of the benefits of being a member of a retirement fund.

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Published on 21 May, 2020

Following from our recent economic update, members are well aware of the spread of the Coronavirus pandemic on a global scale and the rising local infections. The uncertainty created by the spread of the virus, the lockdown restrictions, the soaring unemployment figures and the impact on small, medium and large businesses, resulted in some severe market reactions.

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Published on 11 May, 2020

Please be advised that Mr Sean Samons, who has been the Principal Executive Officer of the NFMW, is no longer serving in that capacity. The Board of Trustees of the NFMW has appointed Mr Leslie Ndawana to act in the position of Principal Executive Officer with effect from 6 May 2020. Mr Ndawana has been with the NFMW as the Deputy Principal Executive Officer since 1 September 2017.

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