List Of Eligible Pension Fund Managers Who Have Executed Agreement With Federal Government
Finance Division’s published list identifies 16 Pension Fund Managers that have executed agreements with the Federal Government for the Defined Contribution Pension Fund Scheme-2024.
Overview
Finance Division's list names 16 Pension Fund Managers that have executed agreements with the Federal Government for the Defined Contribution Pension Fund Scheme-2024.
Key Highlights
- 16 Pension Fund Managers listed
- List confirms executed agreements with the Federal Government for the Defined Contribution Pension Fund Scheme-2024
- The numbering is not a performance ranking or recommendation
Detailed Explanation
The Finance Division has published a list of 16 eligible Pension Fund Managers that have executed agreements with the Federal Government for the Defined Contribution Pension Fund Scheme-2024. The document identifies the institutions by name for employees and departments dealing with the scheme.
Eligible Pension Fund Managers Listed By Finance Division
The official list contains the following 16 institutions, in the order printed in the Finance Division document:
| No. | Eligible Pension Fund Manager |
|---|---|
| 1 | ABL Asset Management Company Limited |
| 2 | AL Habib Asset Management Limited |
| 3 | Al Meezan Investment Management Limited |
| 4 | Atlas Asset Management Limited |
| 5 | Faysal Asset Management Limited |
| 6 | JS Investments Limited |
| 7 | Lucky Investments Limited |
| 8 | MCB Investment Management Limited |
| 9 | National Investment Trust Limited |
| 10 | EFU Life Assurance Limited |
| 11 | Alfalah Asset Management Limited |
| 12 | HBL Asset Management Company Limited |
| 13 | UBL Fund Managers Limited |
| 14 | NBP Fund Management Limited |
| 15 | Pak Qatar Family Takaful Limited |
| 16 | AWT Investments Limited |
What Does the List Confirm?
The Finance Division document states that the listed Pension Fund Managers have executed agreements with the Federal Government for the Defined Contribution Pension Fund Scheme-2024. It further indicates that the list may be published on the Finance Division website.
The document is a list of institutions with executed agreements. It does not rank the managers, compare their investment performance, promise a return, or recommend that an employee select one institution over another. Employees should review the applicable scheme rules, investment options, fees and account-opening requirements before making a selection.
How This List Relates To the Defined Contribution Pension Scheme
The list supports implementation of the Federal Government Defined Contribution Pension Fund Scheme-2024. Under the Scheme Rules, employees open pension accounts with eligible Pension Fund Managers and select an allocation policy subject to the applicable investment limits. The implementation memorandum separately directs Ministries and Divisions to verify employee information and coordinate registration with the relevant accounts authorities.
Read the EmployeesDesk summary of the Defined Contribution Pension Fund Scheme implementation directions for the focal-person, employee-data and AGPR coordination requirements.
Frequently Asked Questions
How many Pension Fund Managers are included in the Finance Division list?
The published list contains 16 institutions.
Does the list rank the Pension Fund Managers?
No. It is a numbered list of institutions that have executed agreements with the Federal Government. The numbering is not presented as a performance ranking.
Does inclusion guarantee investment returns?
No. The list confirms executed agreements for the scheme; it does not guarantee investment performance or returns.
Where can employees find the scheme implementation instructions?
Employees and departments can consult the Federal Government Defined Contribution Pension Fund Scheme Rules and the separate Finance Division implementation memorandum.
Official Finance Division List
Consult the original Finance Division document for the complete list and its exact wording.
Download the official list of eligible Pension Fund Managers (PDF)