Pension Funds Road Map - A Comprehensive Policy Package 2007 - 2011

The Head of the Capital Market Supervisory Agency and Financial Institutions (Bapepam - LK) has issued Regulation No. Kep- 84/BL/2006 on the Policy and Strategy to Develop the Pension Funds Industry. This is in effect a 5-year road map for the period 2007 - 2011 and is mandated in the Financial Sector Policy Package that was issued in July 2006.

The overall objective of the Road Map is to increase not only the number of participants in pension funds but also to increase the amount of funds under management, which will require a corresponding increase in the quality of management and coordination of pension funds.