Disclaimer
The results obtained from these calculators are for general purposes only to illustrate the effect of compound interest and are not intended as a substitute for professional financial advice. Before making any financial decisions on the basis of these results, you will need to consult with an independent financial planner or accountant as well as consider whether the advice is suitable to meet your personal financial objectives and circumstances.
The actual performance of any investments will depend on future economic conditions, investment management, fees and taxation. Past performance is no guarantee of future performance and as a result of this, all the results are hypothetical and are NOT GUARANTEED.
Nambawan Super specifically disclaims any liability for any direct, indirect, incidental, consequential or special damages arising out of or in any way connected with the access to or use of these calculators. To the extent permitted by law, under no circumstances will Nambawan Super be liable for any loss or damage caused by a user's reliance on the information by using these calculators.
Assumptions
Projected super balance at retirement:
The projected total super balance takes into account your starting balance, employee and employer contributions, any additional voluntary contributions as well as interest earned between now and your retirement.
Retirement age:
We have assumed a default retirement age of 65. This can be adjusted in the calculator.
Working life:
The calculator assumes that you will have a continuous working life with no breaks up to your retirement age.
Interest rate:
The default investment returns have been set at 6.0%. This is based on the Nambawan Super 10-year average interest rate.
Employee contributions:
PNG Superannuation laws dictate that 6% is the mandatory minimum contribution for employees to make. Employees may choose to contribute more than the minimum.
Employer contributions:
PNG Superannuation laws dictate that 8.4% is the mandatory minimum contribution that employers have to make. Employers may choose to contribute more than the minimum.
Are you a Papua New Guinea-based business looking for investment opportunities and considering Nambawan Super as a potential partner?
We welcome your interest and would like to guide you through the process of submitting your investment proposals for consideration. Nambawan Super is dedicated to supporting local businesses and fostering economic growth in Papua New Guinea. Here's how you can send your investment proposals to us.
Why Partner with Nambawan Super?
Nambawan Super is Papua New Guinea's largest superannuation fund with close to K10 billion in Funds Under Management, and we play a pivotal role in managing the retirement savings of our members. We are committed to responsible and sustainable investing, and we consider various investment opportunities that align with our objectives, which include:
- Supporting PNG's Growth: We aim to contribute to the economic development of Papua New Guinea by investing in local businesses and development projects.
- Diversified Portfolio: We seek investments across a wide range of asset classes, including property, infrastructure, equities, and fixed income, to provide our Members with a well-balanced portfolio.
- Long-term Partnerships: We look for investments that can offer stability and long-term growth, benefiting both Nambawan Super Members and our investment partners.
Submission Guidelines for Investment Proposals
To submit your investment proposal for consideration, follow these guidelines:
- Due Diligence: Before sending your proposal, ensure that you have conducted thorough research and due diligence on your project. Be prepared to provide detailed information on the investment opportunity.
- Proposal Letter: Draft a proposal letter that outlines your investment opportunity. Include information on your business, the specific project or venture, and how it aligns with Nambawan Super's investment strategy.
- Financial Projections: Include financial projections, such as revenue forecasts, cash flow analysis, and expected returns on investment.
- Risk Assessment: Identify potential risks associated with the investment and outline your risk mitigation strategies.
- Legal and Regulatory Compliance: Ensure that your proposal complies with all relevant laws and regulations in Papua New Guinea.
- Contact Information: Provide complete contact information, including your name, business name, email address, and phone number, so that we can reach out to you.
- Confidentiality Agreement: If you have concerns about the confidentiality of your proposal, consider including a confidentiality agreement or non-disclosure agreement (NDA) to protect your intellectual property.
- Submission Method: Send your investment proposal and all relevant documents to our investments team via email at investment@nambawansuper.com.pg.
Evaluation and Feedback
Once your investment proposal is received, it will undergo a thorough evaluation process. Nambawan Super's Investment's Team will review the proposal, conduct due diligence, and assess its compatibility with our investment objectives and risk tolerance. If we find the proposal to be of interest, we will contact you for further discussions.
Please note that while we strive to review all proposals, we may not be able to respond to every submission due to the volume of proposals we receive.
We look forward to exploring potential investment opportunities with you and contributing to the economic growth of Papua New Guinea. Thank you for considering Nambawan Super as a partner for your investment endeavors.