ISLAMABAD, Dec 13: Pakistan Telecommunication Company Limited on Thursday appointed UBL Fund Managers as the official Investment Adviser for its employees who have opted for Voluntary Separation Scheme (VSS).

This was announced at a signing ceremony between PTCL and UBL Funds held at the PTCL head office.

A statement issued here said that through investment in the various investment plans offered by UBL Funds, the outgoing PTCL employees would be able to meet their current and future financial needs. These may range from obtaining regular income, combination of income and growth or simply long-term capital appreciation. Shariah-compliant investment options were also available for those who wished to earn ‘Riba-free’ return on their investments. Additionally, investors would be offered free accidental life insurance of up to Rs200,000 at the time of investment.

“With our range of investment products, consistent performance and distribution network, we will be able to guide the PTCL employees to make the right investment decision and continue living their lives without making any compromises,” commented CEO UBL Fund Managers Mir Muhammad Ali.