According to a statement from PFRDA, the committee is charged with formulating guidelines and regulations to enable a framework for guaranteed disbursements under the NPS. To prescribe assured payouts under the National Pension System (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) on Tuesday announced the setting up of a high-level committee. It will […]
The PFRDA board has approved the framework in principle. A scheduled commercial bank can now independently set up a pension fund to manage the National Pension System (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) said. The PFRDA board has approved the framework in principle. This has been done “with the aim of strengthening […]
S Ramann, chairman Pension Fund Regulatory and Development Authority (PFRDA) (File photo) In an attempt to modernize India’s pension framework and to increase the reach of the pension fund, the Regulatory and Development Authority of the Pension Fund (PFRDA) is considering allowing exposure to raw materials such as gold and silver, while at the same […]
The Indian market for business bonds arises as a critical pillar for financing the ambitious growth plans of the country, in which industry supervisors and experts emphasize the need for deeper, more liquid and inclusive markets, according to the release. Ananth Narayan G, Member, Sebi, all the time, spoke on the 8th annual Conducts Van […]
Sivasubramanian Ramann, chairman, PFRDA | Photocredit: EOS5D4 The Pension Fund Regulatory & Development Authority (PFRDA) is working on alleviating the friction issues that do not allow pension funds to bring freely money in more innovative ways such as real estate investment trusts (REIT) and Infrastructure Investment Trusts (Invit). Sivasubramanian Ramann, chairman, PFRDA, noted that there […]