Regulatory Alerts2024-08-23
Added · Updated
Amendment in Investment and Allocation Policies for Pension Funds Authorized Under the Voluntary Pension System Rules, 2005
The Securities and Exchange Commission of Pakistan has amended Circular No. 12 of 2021 regarding pension fund allocation policies. For employer pension funds, pension fund managers are now permitted to offer allocation schemes based on agreements between the employer and the manager. These specific schemes must not exceed the volatility levels established in the existing regulatory tables.
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