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

Pension Fund Trading Platform (BEFAS)

BENEFITS OF BEFAS

BEFAS enables participants to purchase funds from different companies without requiring them to change their pension companies. This way, participants can prefer the pension mutual funds of any company without being restricted by the holder of their pension contracts or the fund options offered in their pension plans.

On BEFAS, participants can select a fund by comparing different options in terms of their past performances, categories, interest statuses, and portfolio management companies. This situation is expected to ensure a more sound competitive environment in terms of fund management and will positively affect fund performances.