As per PFRDA guidelines on FDI, the sponsor company of a pension fund can’t breach 49% limit; with Nippon increasing the stake to 75%, the sponsor limit of 49% is being breachedRead More
Consultant will review fund performance at prescribed intervals, and undertake portfolio analysis of all schemes of NPS on monthly basisRead More
The regulator’s latest circular talks about a scheme for accumulated corpus transfer in five yearsRead More
As for proposed fintech applications, The group has talked about onboarding process, paperless pension account generation, compliance, KYC/due diligence and prevention of money launderingRead More
PFRDA has hiked investment limit in debt securities by pension funds, while also asked funds to do further due diligence and not just depend on credit ratings agenciesRead More
The government announced key changes in NPS making withdrawal entirely tax free, hiking equity limits, and also bringing it under Section 80C for govt employeesRead More
Among the amended rules is that now pension funds would be eligible for payment of investment management fee for investments in liquid MFsRead More
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