Page 3 - Pension Funds

EPFO calls for increasing retirement age to ease pressure on pension funds

The EPFO has almost 60 million subscribers and it has a cumulative pension and provident fund corpus of more than Rs 12 trillion

SWF and public pension fund assets in US hit record $31.9 trillion: Report

Assets held by the world's sovereign wealth and public pension funds rose to a record $31.9 trillion in 2021 thanks to rising US stock and oil prices

Iceland has best pension system in the world; India near bottom of Index

The scores of 11 countries, including India and South Korea, slipped this year as the world battles to limit the economic fallout from the Covid-19 crisis.

World's biggest pension fund won't buy China sovereign debt: Report

The decision comes as FTSE Russell is set to start adding Chinese debt to its benchmark global bond index, which the GPIF follows, from October

Gadkari invites US pension, insurance funds to invest in India's road infra

Union Road Transport and Highways Minister Nitin Gadkari has invited US investors, particularly insurance and pension funds, to invest in the country's road and highway infrastructure

Atal Pension Yojana subscriber count cross 33 mn-mark, says PFRDA

The number of subscribers of the government's Atal Pension Yojana (APY) crossed 33 million-mark by August 25, the Pension Fund Regulatory and Development Authority (PFRDA) said on Wednesday

Streamline investment for insurance, pension funds in InvITs: NITI Aayog

A staggered approach should be followed for streamlining of investment guidelines and limits to keep pace with the growth in the InvIT market, it suggested

Pension plans: Stagger annuity purchases as returns improve with age

Buying in tranches will also help you deal with interest-rate risk

Pension funds will soon be allowed to invest in IPOs: PFRDA Chairman

Regulator will come up with comprehensive guidelines on issuer's track record and other aspects within a week

Deeply disturbed over changes in pension rules: Ex-civil servants to PM

The former civil servants said they were unable to understand why there was a need for such an amendment to the Central Pension Rules

Saudi positions new pension fund to challenge world's top investors

New entity will have assets of over $250 billion, compared to Japan's Government Pension Investment Fund, the largest in the world.

Proposed NPS tweaks will offer greater flexibility, say analysts

But systematic withdrawal plan carries risk that retirees may overdraw

Hike in NPS investment management fee need not be a deterrent: Experts

Invest if you want tax benefit and are okay with long lock-in and 40% annuitisation

The hurdles in the long road to India's entry into global bond indices

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.

Budget new rules on holding firms queer pitch for sovereign, pension funds

A proposed regime requiring investments through holding companies may have tax implications, say experts

Like performance of Cheteshwar Pujara, Budget 2021 is brave and stable

Long-term investment in infrastructure by Sovereign Wealth Funds and Pension Funds will also receive a boost owing to certain relaxations

Allow insurance, pension funds to invest in lower-rated debt: SBI chief

Dinesh Kumar Khara says this is needed to ensure money flows into infrastructure, as is the case across the globe

Pension fund authority woos corporates to become NPS subscribers

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.

Make most of rupee-cost-averaging in NPS as well, with introduction of SIP

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

FinMin proposes curbs on foreign investment in pension funds from China

Foreign investment in pension funds regulated by the Pension Fund Regulatory and Development Authority (PFRDA) is capped at 49 per cent with automatic route