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PFRDA raises cap on fund management charges as it floats RFPs

There would now be four slabs, each attracting charges based on the quantum of assets under management

Topics
PFRDA | New Pension Scheme | Pension fund managers

Indivjal Dhasmana  |  New Delhi 



pension, insurance, savings, senior citizen, employment, NPS, PFRDA
The pension regulator has also raised the minimum capital requirement to Rs 50 crore from earlier Rs 25 crore.

The Pension Fund Regulatory and Development Authority (PFRDA) has raised the ceiling on fund management charges to reel in more companies in the sector and sustain returns in the long run.

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First Published: Tue, January 05 2021. 19:16 IST

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