The Securities and Exchange Commission of Pakistan (SECP) has established a supportive framework for customized pension allocation schemes through the Employers Pension Fund (EPF), aimed at enhancing the viability of voluntary pension schemes.
Moreover, the SECP has granted permission to pension fund managers to provide personalized allocation choices, aligning with their arrangement with an employer, while considering the employer’s risk assessment and investment goals.
These new provisions will enhance the efficiency of pension fund management, empowering employers with increased control and flexibility regarding their pension investments. This initiative is poised to bolster investor trust and cultivate a more competitive regulatory environment for pension funds.
