An agreement signed between Unit Trust of Fiji and the Fiji Electricity Authority today will promote savings and investments to FEA employees.

FEA Chief Executive Officer Hasmukh Patel says this initiative will improve the overall wealth of workers especially during retirement.

“It will be an additional savings to your FNPF and I think that you save more money in addition to what funds you have for retirement in FNPF will go a long way.”

Meanwhile, Unit Trust of Fiji Chief Executive Officer Vilash Chand says the Employee Investment Scheme is a platform to the employees to regularly invest their funds through a salary direct deduction arrangement.