Global bids for pension funds

The government is planning to float global tenders for pension fund majors. The Pensions Fund Regulatory and Development Authority, being set up by the finance ministry, will specify the net worth......

Risk cover for pension funds likely

The Pension Fund Regulatory and Development Authority might consider insurance cover for pension funds in line with the structure prevailing in the US once fund managers start investing in......

Banks can now be pension fund managers

The government has allowed banks to foray into pension fund management. According to banking sources, the change has been done under Section 6(o) of the Banking Regulations Act. The development......

PF regulator to manage corporate pension funds?

The Pension Fund Regulatory and Development Authority will consider a proposal to manage the pension funds of companies at its board meeting on Wednesday, extending its role from being manager of......