Superfund increases members buying power

Caption: (L) NSL CEO Garry Tunstall and Chief Manager Members Services Charlie Gilibichi.

By MATTHEW VARI

Sunday, March 20, 2016 (PNG)

SUPERANUATION fund, Nambawan Super, has increased its discount providers base to 80.

This was revealed during the week, which will allow all members with identification cards to access various discounts from over 80 service providers from varying rates from as low and 10-45 percent.

Chief Executive Officer Garry Tunstall said that the increase in discount providers would benefit all parties.

“It is great for both the members who can get discounts coming from property businesses that provide housing materials and construction development goods,” Tunstall said.

“So people getting housing advances can get discounts from those stores. It is good for is the participants themselves- the discount partners who will have 155,000 NSL members going to provide increased cash flow for those businesses.”

He said that with the discount program part of the fund long term- never has it had so many participants that were outside of the capital city.

“It is interesting that some time ago when we visited regional centres and found that a lot of members were not getting those discounts as a lot of the discount cards were being used in either Port Moresby as a lot of the discount providers were in Port Moresby and some in Lae.”

“The other provinces there was hardly any discount providers, so what our team has been doing is gathering discount providers around the provinces as a result they have now obtained over 80 providers.”

“If our members don’t have an ID discount card and they need one- they call into our offices and obtain a discount card and they can use them.”

Chief Manager Members Services, Charlie Gilibichi, also called on other business houses in the provinces to come forward and partner with NSL to provide discounts to members.

“We have got 80 so far but need more business houses. It is an opportunity for business houses who do not have to pay cash to advertise to 155,000 people around the country.”

“The benefit to partner is that our members are spread evenly around the country and are not only concentrated in Port Moresby, which has 30% of our members numbers.”

“We have a total of close 160,000 members and 70,000 members who have ID cards produced in the last two year and now we have another 50,000 to 40,000 to produce. We will go out aggressively for members to come forwards and get their ID card,” Gilibichi said.

The discounts providers will be effective immediately for the 2016 year with a campaign running over the next three to six months to make sure members are aware of the discounts provided.

Tunstall gave credit to the members’ services team under Gilibichi and his marketing promotional team for the achievement.