China to invest $547 bn pension fund in stock markets

Last Updated: Sunday, August 23, 2015, 19:39

In a surprise move, China Sunday permitted its USD 547 billion pension fund, the largest in the world, to be invested in stock market barely weeks after its biggest crash which wiped out about USD four trillion capital between June and July.

PFRDA to invite bids for pension fund managers

Last Updated: Friday, August 7, 2015, 17:05

Regulator PFRDA Friday said it will invite fresh bids for appointing Pension Fund Managers (PFMs) for the Rs 90,000 crore corpus.

EPFO hits equity markets: How it may affect you

Last Updated: Friday, August 7, 2015, 10:22

The government's employee's provident fund on Thursday made its maiden investments in the country's equity markets.

Your pension money hits equity market: 5 things you want to know

Last Updated: Friday, August 7, 2015, 09:34

This is the first time that the EPFO, in its 64-year history, has invested in the equity markets.

PFRDA may allow fund managers to invest 3% of corpus in PE

Last Updated: Sunday, August 2, 2015, 13:41

Sector regulator PFRDA is looking at allowing pension fund managers to invest up to 3 percent of corpus in private equity (PE) to maximise return, and a decision in this regard is likely to be taken in 3-4 months.

China may invest $500 bn pension fund into stockmarket

Last Updated: Tuesday, June 30, 2015, 13:17

China may invest its huge USD 500 billion pension fund into the volatile stock market, a move officials say will keep up its value and improve management as the world's second largest economy faces challenges arising out of growing ageing population.

Tax treatment of Atal Pension scheme unclear, says PFRDA

Last Updated: Sunday, June 28, 2015, 17:17

"Tax treatment of Atal pension is not clearly known but we understand it will be at par with the existing National Pension Scheme (NPS)," PFRDA whole time member B S Bhandari told PTI.

UK Unions' decision recognises shortfall in pension fund: Tata Steel

Last Updated: Saturday, June 20, 2015, 14:53

The UK trade unions' decision to suspended strike at Tata Steel plants in the country recognises the substantial shortfall in the pension fund and the need to jointly address it, the steel maker said.

HP pays $100 mn to settle shareholder class-action suit

Last Updated: Tuesday, June 9, 2015, 17:28

Dutch pension fund manager PGGM said on Tuesday Hewlett-Packard had agreed to pay $100 million to settle a class-auction lawsuit relating to the company`s 2011 acquisition of Autonomy, a "big data" analysis company.

PFRDA changes investment norms in NPS schemes for govt sector

Last Updated: Friday, June 5, 2015, 22:51

Pension fund regulator PFRDA has changed investment guidelines for NPS schemes applicable to government sector raising investment cap in debt and related instruments by 5 percent to 45 percent.

PFRDA invites application for NPS Trustee Bank

Last Updated: Sunday, May 17, 2015, 13:43

Pension fund regulator PFRDA is scouting for a bank to act as National Pension System (NPS) trustee to facilitate fund transfers across entities such as annuity service providers and subscribers.

World Bank's pension investments clash with principles

Last Updated: Monday, May 4, 2015, 20:25

The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution`s own calls for ethical and low-carbon investing.