National Provident Fund

To talk to someone about your scheme, phone 0800 628 776

The investment assets for all NPF schemes are held by the Global Asset Trust (GAT), of which the Board is the trustee. Under the National Provident Fund Restructuring Act 1990 (the Act), the NPF schemes are required to invest in the GAT.

The assets for each scheme are invested in a range of asset classes, as determined by the Board based on advice and taking into account the liabilities of each of the schemes. The Board seeks to manage the schemes’ investments in the best interests of the members, taking into account the interests of any employer contributors and the Crown, as guarantor of the benefits payable by the schemes.

The Board’s legal responsibilities in relation to investment are clearly set out in each scheme’s trust deed and the Act.

NPF invests in cash, fixed interest, New Zealand shares and overseas shares. To see the breakdown of the investments for your scheme, see the Scheme information section of this website.