SECP revamps regulatory framework for Voluntary Pension System ...palestine

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SECP revamps regulatory framework for Voluntary Pension System
The Securities and Exchange Commission of Pakistan (SECP) has revamped regulatory framework for Voluntary Pension System to ensure protection for the elderly, growth of pension funds and greater financial inclusion. jwplayer("jwp-outstream-unit").setup({}); “Cognizant of the challenges to the growth and development of voluntary funded pension system in Pakistan, the Securities and Exchange Commission of Pakistan (SECP) has revamped the Voluntary Pension System (VPS) Rules, 2005, facilitating greater pension penetration in Pakistan,” the company regulator said in a press release on Wednesday. The SECP said private pension funds are professionally manag

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