PFRDA has sent two more proposals to the ministry — auto-enrolment for APY and increasing the maximum age bar to enter the scheme to 50 yea...

“Talks on with government to raise equity component to 50% for government subscribers."

The meeting was attended by RBI governor Urjit Patel, Irdai chairman TS Vijayan, PFRDA chairman Hemant G Contractor, besides Sebi chairman ...

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

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 ...

Atal Pension Yojana (APY), managed by PFRDA is one of the key projects of the government aimed at covering a large society under the pensio...

Pension fund regulatory body PFRDA will invest up to 2 per cent of the corpus of the private sector pension plans into alternative investme...

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...

PFRDA said that the Finance Ministry will go through the proposal seeking a hike in the investment limit of pension funds by up to 50%.

Micro finance institutions (MFIs) are better placed to help expand coverage of social security schemes, PFRDA Chairman Hemant G Contractor ...

Contractor briefed participants about the contours of Old Age income security and advised all of them to play an active part in outreach of...

The govt is considering allowing state retirement funds to invest more in equities and opening them up to private-sector management to impr...

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

"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...

Swavalamban is a government initiative in which the government co-contributes Rs. 1000/- per annum to all eligible Swavalamban pension acco...

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

State Bank of India (SBI) is set to commence operations in Saudi Arabia in the next four to six weeks, a senior bank official has said.