Muthoot Finance ties up to offer National Pension Scheme

Last Updated: Thursday, November 15, 2012, 15:57

Muthoot Finance is the only Non-Banking Financial company in the state to be approved by the PFRDA to act as a service provider for the pension plan, a company release said here.

Pension bill passage will clear investors' doubts: PFRDA

Last Updated: Friday, October 5, 2012, 00:20

Welcoming the union cabinet's nod to allow FDI of 26 percent or higher for pension, a sector regulator said passing of the relevant bill by parliament will clear doubts of potential investors.

SEBI, IRDA, PFRDA, FMC be merged into single agency: Commission

Last Updated: Monday, October 1, 2012, 22:44

The Financial Sector Legislative Reforms Commission, headed by former justice B N Srikrishna, has also suggested setting up of a financial redressal agency (FRA) to address consumer complaints against companies across the financial sector.

PFRDA garnered Rs 15,466 cr under NPS till July: FinMin

Last Updated: Thursday, September 6, 2012, 19:11

The subscriptions of the Central and state government employees under the NPS received up to July 31, 2012 is Rs 15,466.28 crore, Finance Minister P Chidambaram said in a written reply in the Rajya Sabha.

NPS throws great opportunity for insurers: PFRDA

Last Updated: Monday, August 6, 2012, 23:04

Despite the National Pension System (NPS) throwing up a large opportunity to life insurers, there are not enough players in the system to take advantage of this, the pension fund regulator PFRDA Monday said.

PFRDA eases norms for registration of fund managers

Last Updated: Thursday, July 12, 2012, 23:06

In order to boost the National Pension Scheme (NPS), PFRDA on Thursday relaxed norms for registration of pension fund managers to ensure greater competition by removing cap on the number of PFMs.

Pension Bill: Cabinet defers decision in view of differences

Last Updated: Thursday, June 7, 2012, 08:41

Amid differences among allies, the government Thursday deferred a decision on the changes in the crucial Pension Fund Regulatory and Development Authority Bill, 2011.

Govt likely to push pension reforms

Last Updated: Wednesday, June 6, 2012, 18:57

Seeking to dispel the impression of policy inaction, the government is likely to give a push to pension sector reform by approving changes in the proposed PFRDA Bill so that it can be taken up by Parliament for the passage in the Monsoon session next month.

PFRDA empanels 6 insurers for providing annuity plans

Last Updated: Friday, May 4, 2012, 22:19

Pension fund regulator PFRDA on Friday said it has empanelled six life insurance companies, including LIC and Bajaj Allianz Life Insurance, to provide annuity plans to NPS subscribers.

PFRDA in talks with govt for more incentives to fund managers

Last Updated: Monday, April 9, 2012, 21:27

In a move to popularise the National Pension Scheme (NPS) in the private sector, sector regulator PFRDA on Monday said it is in talks with the government to increase incentives for fund managers.

Key economic Bills make no headway in Winter Session

Last Updated: Friday, December 30, 2011, 19:10

Many key economic legislations, including the Companies Bill and the pension reforms law, made no headway in the stormy Winter Session of Parliament that ended last mid-night.

Govt shelves Pension, Companies bills

Last Updated: Wednesday, December 21, 2011, 19:59

After being forced to keep on hold FDI in retail, Government faced fresh hurdles when two major legislations-- Pension Bill and the Companies Bill—had to be shelved in the face of dissent again from its ally Trinamool Congress(TMC) as well as from main opposition BJP.