The Association of Superannuation Fund of Australia provides training and design policies for the management, governance and administration of superannuation Funds in Australia. ASFA is the 4th largest managed funds market in the world. The Chief Executive Officer also announced the assistance of ASFA to facilitate trainings on the roles and responsibilities of the Board of Directors and management of the National Retirement Benefits Fund and Government Retirement Fund Board in Tonga in February/March 2013. These trainings will be held in Tonga and accredited in Australian qualification.
The Minister of Finance & National Planning, Hon. Lisiate ‘A. ‘Akolo, Chairman of the National Retirement Benefits Fund Board, Rev. Dr Tevita K Havea, Technical Advisor for NRBF, Dr S Leimoni Taufu’i, Board Members of the Retirement Fund Board, Dr Paula Vivili and Manu ‘Akau’ola, and the Chief Executive Officer of the Retirement Fund Board Saia Havili were all present at the presentation ceremony.
Prior to the visit to Australia, the Minister of Finance & National Planning, Hon. Lisiate ‘Akolo presented funding of TOP$60,000 from the European Union (EU) to the Technical Advisor, Dr S Leimoni Taufu’i for trainings of the staff and the Fund’s capacity building program. The Fund staffs have commenced their training attachments in New Zealand, Fiji and Australia.