NPS beats other plans, gives 14% return in FY13

Tightening the investment rules further, the Pension Fund Regulatory and Development Authority (PFRDA) on Monday barred fund houses from investing in equity-oriented mutual funds, exchange-traded funds (ETFs) and bonds with residual maturity of less ...

Four years after it was opened to all, the New Pension System has recently gone through an overhaul. Here, the PFRDA chief tells Teena Jain Kaushal why this was necessary Teena Jain Kaushal Fund management charges were increased last year, but fund ...

The PFRDA chairman favours better annuity rates, because of near captive access of funds, said the report. In fact, the Chairman has already written to insurance companies regarding the same. After all, insurance companies which manage NPS, get a ...

Accordingly, all NPS related funds are to be remitted to the designated accounts of Axis Bank from 1 July 2013 Pension Fund Regulatory and Development Authority (PFRDA) has appointed Axis Bank as a new trustee bank in place of Bank of India (current ...

Seeking to reform the financial sector regulations, the government-appointed FSLRC has proposed Indian Financial Code Bill to pave way for creation of a unified financial regulator and limit the role of Reserve Bank to monetary management.

Sebi, Irda, PFRDA, FMC sought to be merged; RBI stays banking regulator.

The Pension Fund Regulatory and Development Authority (PFRDA) declared the annual weighted average returns for the National Pension System (NPS) investment funds on 15 May. In the private sector category, the corporate debt scheme (C), and ...

The stage is set for the long-awaited move to raise foreign direct investment limits in areas such as defence, aviation and telecom. The Arvind Mayaram-led panel on Tuesday submitted its report on the matter to finance minister P Chidambaram. The ...

A theory that is doing the rounds is that with election nearing, this depreciation of the rupee will allow politicians of all hues to bring back their ill-gotten wealth. Speaking at an award function in Chennai a few weeks back to honour excellence in financial journalism, the Hon’ble Finance Minister Mr. P Chidambaram frowned on the titillating language used by sections of the media, especially in the world of finance. As a case in point the FM referred to the oft-repeated headlines of ...