Pak Qatar Family Takaful Message on the launch of Lifetime Kafalat Plan

As Pakistan moves from defined benefit to defined contribution retirement systems, there is an increasing need for innovative annuity products to support long term financial security of retirees.

In this context Pak Qatar Family Takaful has introduced the Lifetime Kafalat Plan, addressing the growing needs in the retirement space, which aligns with SECP's objective to promote pension products in the country. The industry must also step up to develop more such products to serve the evolving retirement landscape.

Copyright Business Recorder, 2025