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PQFTL launches first voluntary pension scheme

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Pak-Qatar Family Takaful  has made history by introducing Pakistan’s inaugural Voluntary Pension Scheme (VPS), marking a significant milestone in the country’s financial landscape. The VPS, a pioneering initiative by a Takaful operator in Pakistan, offers individuals a unique opportunity to save for retirement while enjoying tax benefits of up to 20%. With a minimum contribution starting at PKR 1,000, the scheme empowers individuals to plan for their future with ease.

In addition to retirement savings, the VPS provides complimentary Takaful coverage against natural and accidental death, offering peace of mind to investors and their families. Participants can avail discounted rates on additional coverage for Family Sehat, Motor Takaful, and House Takaful, enhancing the overall value proposition. A senior official from the company highlighted the scheme’s potential for excellent returns on investment and reaffirmed Pak-Qatar Family Takaful’s commitment to offering innovative Shariah-compliant products that prioritize long-term financial security.

 

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