Voluntary Participation (IPS) Auto Enrollment System (AES) Funds Legislation Data Center

Pension Fund Trading Platform (BEFAS)


Pension Fund Trading Platform (BEFAS), operated by Istanbul Settlement and Custody Bank Inc., is a central electronic platform where pension mutual fund shares are traded.

As of July 1, 2021, participants are able to trade the funds of other pension companies that are available on this platform. Except for pension income plan participants, all participants are able to trade on BEFAS and all funds can be traded except group funds, funds with the phrase "foreign" in their title, and money market, contribution and initial funds.

In addition to their own funds, pension companies help participants purchase funds from other companies on BEFAS via the internet and/or mobile application.