The Securities and Exchange Commission of Pakistan (SECP) has approved nine new pension funds, including eight for Balochistan and one for Punjab. This move is part of Pakistan\u2019s ongoing pension reforms.<\/p>\n
With these approvals, Balochistan now has a total of 15 authorized pension funds, while Punjab\u2019s total reaches 25.<\/p>\n
The newly approved Balochistan funds will be managed by JS Investments Limited, Alfalah Asset Management Limited, NBP Fund Management Limited, and UBL Fund Managers Limited. The Punjab fund will be under the management of AWT Investments Limited.<\/p>\n
These approvals follow SECP\u2019s earlier green light for seven pension funds for Balochistan under the Contributory Pension Scheme Rules 2025. This marked the province\u2019s first step toward the Defined Contribution pension model.<\/p>\n
The government aims to shift from the traditional Defined Benefit system to a Defined Contribution framework. This transition is designed to lower long-term pension liabilities, improve fiscal sustainability, and increase transparency in retirement savings.<\/p>\n
Experts say the move is expected to strengthen pension management and encourage more government employees to save efficiently for retirement.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Securities and Exchange Commission of Pakistan (SECP) has approved nine new pension funds, including eight for Balochistan and one for Punjab. This move is part of Pakistan\u2019s ongoing pension reforms. With these approvals, Balochistan now has a total of 15 authorized pension funds, while Punjab\u2019s total reaches 25. The newly approved Balochistan funds will […]<\/p>\n","protected":false},"author":30,"featured_media":106797,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,2],"tags":[39515,39514,39516,39517,39513],"class_list":["post-106795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-pakistan","tag-balochistan-pension-fund","tag-pakistan-pension-reforms","tag-punjab-pension-fund","tag-retirement-savings-pakistan","tag-secp-pension-funds"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/106795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=106795"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/106795\/revisions"}],"predecessor-version":[{"id":106798,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/106795\/revisions\/106798"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/106797"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=106795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=106795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=106795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}