Islamabad, The Securities and Exchange Commission of Pakistan (SECP) has announced a new framework that permits tailored pension allocation schemes by the Employers Pension Fund (EPF), aimed at enhancing the viability of voluntary pension plans.
According to Securities and Exchange Commission of Pakistan, this regulatory adjustment empowers pension fund managers to provide customized allocation options that align with an employer’s investment risk profile and objectives. This initiative is designed to refine the management of pension funds while granting employers increased control and adaptability over their investment strategies. The move is expected to elevate investor confidence and invigorate competition within the regulatory landscape for pension funds.