PENSION FUND MANAGER

NPS exit: Many people who have not saved enough for retirement income in NPS they need to know about the options they have at the time of exit at the age of 60. By exploring deferment, continuance, and systematic withdrawal options, individuals can ...

A day after PM Narendra Modi and his new council of ministers were sworn in, speculation was high about the next finance minister. Questions were arising whether Nirmala Sitharaman will continue in her role in the finance ministry or take on a diffe...

Norway's wealth fund to vote on Musk's pay and directors' re-election at Tesla's annual meeting. The fund opposes Musk's $56 billion pay package, voided for being unfair to shareholders.

Almost 63% of the enrolments in the voluntary segment (UoS-All Citizen) were sourced through the extensive efforts of PoPs, which include banks, NBFCs, stockbroking firms, fintech companies and pension funds, it said. "During the year, 3,112 corpora...

Invest in multi-asset funds for a balanced investment portfolio with proper asset allocation. Consider the risks and limits of equity markets pre-election for post-election gains.

India’s growth gap over the rest of the world is widening and India will be the fastest-growing major economy in the world over the next 5 years at least.

Canada Pension Plan Investment Board (CPP Investments) announced investments totaling USD 217.13 million in the National Highways Infra Trust and USD 394.78 million in Interise Trust for road concessions acquisition. Additionally, they committed USD...

Anthony Scaramucci discusses Bitcoin adoption by US pension funds, expecting more funds to invest after Wisconsin's $100M crypto investment. KangaMoon challenges meme coin perception with P2E and Social-Fi features, while Chainlink, Uniswap, The Gra...

Share prices have rebounded from multi-year lows in February on signs of more official support. The benchmark Shanghai index has climbed more than 3% since reports of the property rescue surfaced on Thursday, taking its gains to a fifth in 3-1/2 mon...

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GIFT City to launch foreign currency settlement system chaired by K Rajaraman, IFSCA, supported by RBI and Clearing Corporation of India. System to settle US dollar transactions between IBUs in real-time. CCIL subsidiary to operate FCSS, aiming for ...

Norway's central bank has excluded three companies from its government pension fund due to ethical concerns. Adani Ports, part of Gautam Adani's conglomerate, is excluded due to potential violations of individuals' rights in war situations. Weichai ...

Current charges in APY account: If you are a Atal Pension Yojana subscriber, then it is important to know the charges that are levied on the pension account for opening and maintaining the account. Remember, the Atal Pension Yojana (APY) account can...

NPS drives record investment in government bonds to 4.4%, totaling ₹4.67 lakh crore. Shift towards debt, influenced by market performance, particularly in fixed-income, reflects security-focused investment decisions amidst changing yield dynamics an...

Annuity should not be a sore point, because it offers a fixed and assured income for life. It is like a fixed deposit for the rest of your life. An annuity does away with the reinvestment risk and the risk of longevity. At least some part of the ret...

Kurian Jose discusses PFRDA's initiatives to attract youth to pension products through innovative features like QR code investing. The NPS rule changes offer flexibility in withdrawals and investment options, promoting early retirement planning and ...

Adhil Shetty, CEO & Co-Founder, discusses the benefits of NPS and retirement mutual funds for tax-saving and long-term investment. He explains their features, tax implications, and compares them based on lock-in, liquidity, and equity exposure. Both...

Pensioners covered by the Employees' Pension Scheme 1995 (EPS-95) are planning a hunger strike to demand an increase in their minimum monthly pension to Rs 7,500, up from the current Rs 1,000 set in September 2014. Despite assurances from the Union ...

The Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty announced that the total corpus under the National Pension System and Atal Pension Yojana has surpassed Rs 11 lakh crore. This milestone was achieved on January 10...