Adamjee Life Assurance Company Limited (PSX: ALIFE) has decided to expand its operations by entering the pension fund management business, subject to regulatory approvals.
In a filing to the Pakistan Stock Exchange on Tuesday, the company said its board of directors approved the move at a meeting held on January 20, 2026.
Under the decision, Adamjee Life may act as a pension fund manager under the Voluntary Pension System Rules, 2005, in addition to its existing business lines.
The company said the proposed activity will be undertaken after obtaining prior approval and registration from the Securities and Exchange Commission of Pakistan. It added that all legal, corporate and reporting requirements will be completed in accordance with applicable laws and regulations.
The Company is engaged in life insurance business carrying on non-participating business only.
