PFRDA

PFRDA News

'Living too long a serious threat to Indians'Tuesday, July 5, 2011 @ 5:41PMBanks and other intermediaries who provide access to the National Pension System may now be a bit more forthcoming in opening pension accounts.

NPS costliest pension plan: PFRDA panelTuesday, July 5, 2011 @ 2:41PMA committee appointed by the pension fund regulator has suggested a radical overhaul of the new pension scheme by substantially lowering the costs of buying into NPS, giving greater financial incentives to entities selling NPS products and a greater 'push' to sell the scheme.

Bajpai panel for reform of NPSTuesday, July 5, 2011 @ 1:40PMTo revive the New Pension System (NPS), a committee has suggested sweeping changes in its architecture. It has proposed bringing in the postal department, telecom companies, pension fund managers, fast moving consumer goods (FMCG) companies and third-party corporate agents for selling the product. The report was given on Tuesday to the Union finance minister.

'Use mobile, postal network for more coverage'Tuesday, July 5, 2011 @ 8:04AMIn order to popularise the social security schemes for the unorganised sector, a Committee on Tuesday suggested PFRDA access the postal department's network and enter into tie ups with mobile phone operators who have vast reach.

Use mobile, postal network for more coverage: Pension panelTuesday, July 5, 2011 @ 7:14AMNew Delhi, July 5 (PTI) In order to popularise the social security schemes for the unorganised sector, a Committee today suggested PFRDA access the postal department''s network and enter into tie ups with mobile phone operators who have vast reach.It is felt the postal department will enable widen the reach of the scheme manifolds, while the telecom operators on their part would help ...

PFRDA invites comments on informal sector pension reportTuesday, July 5, 2011 @ 1:29AMNew Delhi, Jul 4 : Pension Fund Regulatory and Development Authority (PFRDA) today invited public comments on its Report relating to implementation of informal sector pension.

More incentives to widen NPS netFriday, July 1, 2011 @ 3:12PMA complete overhaul of the New Pension Scheme (NPS) for individuals could be in the offing if recommendations of the committee headed by former Sebi chairman G N Bajpai are accepted.

IMF, WB to hold stress test for financial sectorMonday, June 13, 2011 @ 3:42PMMultilateral lending agencies International Monetary Fund and World Bank will this week conduct their first test of India's financial sector under the IMF's Financial Sector Assessment Programme.

A big problem: providing pensions for 480m peopleMonday, June 13, 2011 @ 12:12PMEuropean fund managers wearied by the perennial debate over fees might like to spare a thought for their colleagues in India, who are being asked to run the country’s New Pension System for an eye-watering 0.0009% of assets.