The former civil servants said they were unable to understand why there was a need for such an amendment to the Central Pension Rules
New entity will have assets of over $250 billion, compared to Japan's Government Pension Investment Fund, the largest in the world.
But systematic withdrawal plan carries risk that retirees may overdraw
Invest if you want tax benefit and are okay with long lock-in and 40% annuitisation
The govt needs to examine its options to join global central securities depositories without ceding tax sovereignty. This could considerably delay India becoming a part of global bond indices.
A proposed regime requiring investments through holding companies may have tax implications, say experts
Long-term investment in infrastructure by Sovereign Wealth Funds and Pension Funds will also receive a boost owing to certain relaxations
Dinesh Kumar Khara says this is needed to ensure money flows into infrastructure, as is the case across the globe
The Pension Fund Regulatory Development Authority (PFRDA) is urging corporates to become its subscribers for the benefit of employees, its chairman Suprotim Bandopadyay said on Thursday.
While this will help investors become more disciplined in saving for their retirement, the transaction charge could be a concern for those investing small amounts
Foreign investment in pension funds regulated by the Pension Fund Regulatory and Development Authority (PFRDA) is capped at 49 per cent with automatic route
Even as the lockdown has affected mergers and acquisitions (M&A) in various businesses, companies and deal consultants are certain that renewable power assets would be the first on the sale table.
Many other pension schemes in the market currently are unregulated
He is at present Competition Commission of India (CCI) secretary
FM Sitharaman also said that the government will help ease in mobility while in jobs
An alternative investment fund is a vehicle where the minimum investment is Rs 1 crore
Recent plans announced by the government and the regulator are important steps towards empowering subscribers
After playing LP (investors in PE funds), the Canadian pension fund is keen to invest directly in India
Biggest reason is the poor returns they got from their assets in superlow interest-rate environment
Over a third of India's elderly people - 38% - continue to work