Government employee associations are demanding restoration of old pension system which was replaced with contribution-based NPS) in 2004.

Under aggressive options, the subscribers will be allowed to start with up to 75% investments of their deposits into equity which will be r...

In the proposed amendment made by government last year, employees have been given one time option to join NPS in lieu of EPF, which is run ...

“We don’t want insurers and mutual funds to sell pension products unless regulated by PFRDA.”

PFRDA chairman Hemant Contractor believes that tax parity in retirement products is critical if India is to be a pensioned society.

At present, the Pension Fund Regulatory and Development Authority of India (PFRDA) is allowed to invest up to 15 per cent of the corpus int...

Pensions regulator PFRDA today said the government should allow private sector fund managers to manage government portfolios as well.

PFRDA is working on an alternative to know KYC details of customers after the Supreme Court imposed restrictions on use of Aadhar card for ...

This window would provide NRIs to save money for their old age, he said adding that they would also enjoy the tax break as prescribed.

The Pension Fund Regulatory and Development Authority is in talks with a number of banks to attract NRI customers for its National Pension ...

Contractor said PFRDA is "positively looking" into NPS investing a part of corpus into PE and VC, as recommended by the G N Bajpai committe...

"One major factor was lack of awareness about pension. Al though things are changing, we need to drive home the message that pension is imp...

"We propose to review the fee structure for PFMs (pension fund managers) in the near future. We also feel that management fee is quite low."

The Pension Fund Regulatory and Development Authority (PFRDA) has already sought details from all trusts that operate such funds.

The challenges before Hemant Contractor will be how to popularise New Pension System, which has not picked up despite undergoing several ch...

SBI today said it has entered into a partnership with the Industrial Bank of Korea to help the Korean small biz doing biz in the country.

State Bank of India , the country’s largest bank, is set to get a new-look top management with the government starting the process of appoi...