PF Money to Fetch More But Rates Cut on Some Savings Schemes
In some cheer for nearly 5 crore subscribers, the Employees' Provident Fund Organisation (EPFO) on Tuesday announced a higher interest rate of 8.8 per cent for this fiscal (2015-16), marginally…
Regulator to Invest 2% of Private Pension Corpus in AIF Schemes
New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) will invest up to 2 per cent of the corpus of the private sector pension plans into alternative investment fund schemes in order…
Regulator Seeks Complete Tax Exemptions for NPS
New Delhi: With an aim to increase its customer base, Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant Contractor on Wednesday urged the government to provide 'Triple E' benefits to the…
Millennials Not Preparing For Retirement: Study
New Delhi: Millennials in India are not adequately preparing for the post-retirement life as retirees increasingly face a number of challenges, including higher medical and other expenses, amid weakening joint…