Comrade Trustee Services Limited is the appointed Trustee for the Defence Force Retirement Benefit Fund (DFRBF), effective 1st January 2003, as approved by the Bank of Papua New Guinea under the Superannuation (General Provisions) Act 2000. CTSL operates from two locations: Port Moresby, serving members in the Southern region and Lae, serving members in the Northern region.
CTSL upholds the highest standards of corporate governance in managing our members’ retirement savings. We operate within a strict regulatory framework governed by:
Our independent and experienced Board of Directors provides strategic oversight to ensure the Fund is professionally and ethically managed.
Strong governance, compliance, and risk management are central to how we serve our members.
Comrade Trustee Services Limited (CTSL) engages the services of Kina Investments & Superannuation as authorised Fund Administrator for the Defence Force Retirement Benefits Fund.
Its core responsibilities include:
CTSL is committed to continuous improvement and innovation in service delivery for persist members.
The Fund’s investment portfolio is managed by professional, licensed Fund Managers appointed by the CTSL Board. These Fund Managers are carefully selected based on their market expertise, strong performance history, and alignment with the Fund’s long-term objectives.
They are responsible for:
CTSL actively monitors the Fund Manager performance to ensure members’ superannuation benefits are protected and maximized.
