The Securities and Exchange Commission of Pakistan has published the report of its Annuity Working Group, setting out recommendations and an implementation roadmap to support development of a sustainable retirement income market and improve post-retirement financial security. The report identifies key gaps in Pakistan’s current retirement landscape and proposes measures aimed at broadening access to lifetime income solutions and strengthening the overall retirement income framework. SECP has invited comments from pension industry stakeholders, insurance and takaful providers, policy experts, and the general public on the report’s recommendations and proposed approach to implementation.