Fiji Fish Marketing Group Limited has today signed a Memorandum of Agreement with Unit Trust of Fiji to access the Employee Investment Scheme.
Under this agreement both institutions will be able to empower more than 100 Fiji Fish employees to save and invest for their future.
The Employee Investment Scheme will essentially provide a platform for employees to regularly invest their funds through a salary direct deduction arrangement.
Fiji Fish Group Chairman Grahame Southwick says the welfare and the future of their employees are always a priority to them.
Southwick adds that the Unit Trust of Fiji has offered Fiji Fish this platform to ensure that their employees and families earn additional personal income in years to come.
Under the Agreement Fiji Fish employees will be investing without any associated transaction fees and charges with the ultimate objective for personal wealth creation.
Unit Trust of Fiji will assist Fiji Fish in guiding and matching individual investment goals with our existing investment plans.
Unit Trust of Fiji’s Chief Executive Officer Vilash Chand congratulated Southwick and his management team for becoming the 29th Employer to sign‑up for the Employee Investment Scheme and encouraged employees to take advantage of this incentive that include tax‑free dividends, affordability and highly competitive returns in both dividends and capital growth.
Chand also highlighted that Unit Trust of Fiji has an investment portfolio in excess $210 million with a strong investor base of 19,600 including more than 3,900 young investors from various schools.
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