Way ahead for the new pension system
Sep 11, 2013
All about the New Pension Scheme (NPS)
May 19, 2012
Press Trust of India | Monday November 23, 2015
According to a PFRDA directive, no request in physical form would be entertained with effect from April 1, 2016.
Press Trust of India | Tuesday November 24, 2015
The Pension Fund Regulatory and Development Authority (PFRDA) has made it mandatory for subscribers of New Pension System (NPS) to submit applications online for settlement of withdrawal claims from April 1 next year.
Press Trust of India | Sunday November 22, 2015
The Finance Ministry is considering a proposal to raise investment limit of pension funds in stock markets to 50 per cent and a decision is expected in a short time, PFRDA (Pension Fund Regulatory and Development Authority of India) Chairman Hemant G Contractor has said.
Press Trust of India | Sunday October 18, 2015
After achieving a new milestone in AUM (assets under management) and subscriber base early this month, the Pension Fund Regulatory and Development Authority (PFRDA) is looking for some fiscal support from the government for its ongoing move to expand subscriber base further.
Press Trust of India | Sunday October 11, 2015
Finance Ministry will go through the proposal seeking a hike in the investment limit of pension funds by up to 50 per cent and then refer the matter to an expert committee, PFRDA has said.
Thomson Reuters | Wednesday September 16, 2015
India is considering allowing state retirement funds to invest more in equities and opening them up to private-sector management to improve returns, as Prime Minister Narendra Modi seeks to expand the country's tiny pensions net.
Press Trust of India | Saturday August 22, 2015
The Pension Funds Regulatory and Development Authority (PFRDA has sought clarification from the government if the pension products being run by various fund houses and life insurers can be regulated by it.
Press Trust of India | Thursday July 23, 2015
NRIs or non-resident Indians can invest in the National Pension System (NPS) to get a social security cover, Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant Contractor said on Wednesday.
Press Trust of India | Sunday June 28, 2015
The tax treatment of the recently launched Atal Pension scheme lacks clarity and even the Pension Fund Regulatory and Development Authority, India's pension fund regulator, itself is in dark.
Wednesday July 29, 2015
Now, the pension regulator, Pension Fund Regulatory and Development Authority (PFRDA), has made a few changes to the scheme to make it more attractive.
Thursday April 9, 2015
Currently, NPS funds can be invested only in Government Securities, corporate bonds and equities.
Monday March 2, 2015
Additional tax deduction has been offered on NPS investments.
Saturday September 20, 2014
The Pension Fund Regulatory and Development Authority (PFRDA) has set up an expert committee under the chairmanship of former Sebi chairman G N Bajpai to review investment guidelines for the pension system, other than for government employees, and suggest changes to make the scheme more attractive.
Sunday July 13, 2014
Having missed out on a major mention in the Budget, pension funds regulator PFRDA is hoping that the next budget will come up with some concrete proposals for the sector, including a 25-year extension to government subsidy of Rs 1,000 for the unorganised labour market.
Sunday June 15, 2014
The intermediary agencies for whom the regulations are being framed include points of presence (POPs) and aggregators.
Wednesday May 21, 2014
He has also been given charge of interim chairman till the appointment of regular head, a senior PFRDA official said.
Wednesday April 16, 2014
The Pension Fund Regulatory and Development Authority (PFRDA) is believed to have selected eight companies for managing pension funds of non-government employees, according to a source.
Sunday January 19, 2014
The "partial withdrawal" is however allowed only after 10 years of contribution by the subscriber, said the draft guidelines by the Pension Fund Regulatory and Development Authority (PFRDA).
Sunday December 8, 2013
The recent passage of the Pension Fund Regulatory and Development Authority (PFRDA) Act 2013 will spur growth potential of the investment corpus of the pension sector to over $1 trillion by the turn of 2025, according to a report by EY-CII.
Wednesday November 27, 2013
The government has started the search for a successor to Pension Fund Regulatory and Development Authority (PFRDA) chairman, the post of which fell vacant following the resignation of Yogesh Agarwal.
Tuesday November 26, 2013
Market regulator Securities and Exchange Board of India (Sebi) on Tuesday said Gyan Bhushan has taken charge as its executive director.
Monday October 21, 2013
Investments in debt securities by pension funds should have residual tenure of not less than three years, PFRDA has said while notifying changes in investment guidelines.
Friday September 6, 2013
The Rajya Sabha today passed the Pension Fund Regulatory and Development Authority (PFRDA) Bill, which will help extend pension cover to more citizens of the country through PFRDA's New Pension Scheme (NPS).
Thursday September 5, 2013
The finance minister said the Insurance Laws (Amendment) Bill, which seeks to raise the foreign equity cap in the sector to 49 per cent, will be taken up in the winter session of Parliament.