Pension Funds

Banks may soon sponsor pension funds as PFRDA approves major NPS reforms

PFRDA has approved a framework allowing scheduled banks to sponsor pension funds for NPS assets, alongside appointing new trustees and revising investment management fee norms

Life insurance industry to grow 8-11% in FY26, FY27, says CareEdge Ratings

CareEdge expects life insurers to sustain 8-11 per cent growth over the next two years, but warns investors not to overread past trends as margins may face near-term pressure from reforms

PFRDA allows $177 bn NPS funds to expand investments into more assets

The Pension Fund Regulatory and Development Authority will partly permit investment in select debt securities where 'rating from only one credit rating agency will be sufficient'

Domestic pension fund flows into equities at record high, shows data

Category inflows touched ₹37,409 crore for the three months ending September 2025, shows an analysis of NSE data. This is the highest in rolling three-month data going back to 2016

Tax clarity for govt staff, DFS releases FAQs on Unified Pension Scheme

The FAQs confirm that the tax incentives applicable to the National Pension System will also extend to UPS, providing certainty to government employees under the new framework

India plans to widen pension fund investments to boost returns: PFRDA chair

The regulator is considering allowing pension funds to invest in gold and silver exchange-traded funds, venture capital funds, private credit, and alternative investment funds (AIFs), S. Ramann said

PFRDA to introduce multiple scheme framework for NPS from October 1

From October 2025, NPS subscribers in the non-government sector can hold multiple schemes under one PRAN, with equity options up to 100 per cent and PAN-based consolidated reporting

Public sector banks lose big as pension fund deposits plunge 87% in 5 years

Public sector banks see sharp erosion in pension fund and household deposits, while private banks capture larger shares amid rising demand for returns and convenience

Centre notifies Unified Pension Scheme for govt employees under NPS

Launched in August, UPS strikes a balance between Old Pension Scheme (OPS) and New Pension Scheme (NPS), offering government employees a guaranteed pension, post-retirement

Pension fund market needs diversification: DFS Secretary M Nagaraju

"Ninety per cent of assets are concentrated in only three pension fund managers - SBI, LIC, and UTI," M Nagaraju said

Need active participation of pension, mutual funds in corp bond market: SBI

State Bank of India chairman C S Setty on Wednesday called for active participation by mutual funds and pension funds in the corporate bond market. "I am sure that a lot of corporates would like to issue bonds. I believe that if household/corporate savings are finding ways into these three investment categories, it is important that insurance and mutual funds also actively participate in the corporate bond market. I don't see that kind of participation actively coming in," Setty said. He said the pension/ mutual funds are making investments in AAA-rated bonds and this is not going to help deepen the corporate bond market. Setty said the corporate bond market has to come into financing of infrastructure as well as balance sheet funding of corporates. He said the investments are happening not only in equity but also in mutual funds, pension funds and insurance funds. "We have been debating on depth of the corporate bond market for many years. We could not achieve that depth," Setty

Govt invites applications for post of pension fund panel PFRDA chief

The government has begun searching for a successor to Pension Fund Regulatory and Development Authority (PFRDA) chairman Deepak Mohanty whose term is ending in May next year. The PFRDA chairman holds office for five years or till the age of 65 years. The chairman is entitled to a consolidated salary of Rs 5.62 lakh per month without the facility of house and car, the finance ministry said while inviting applications for the post. As per the eligibility criteria mentioned in the public notice issued by the Department of Financial Services, the applicant should have a minimum of two years of residual service as of the last date of submission of applications. Applicants should be a government servant and have worked as Secretary/Additional Secretary in the Government of India or its equivalent level in a State Government for at least three years, it said. A public sector official, and has worked at least at one level immediately below the board level for at least three years or an ..

Changing pension landscape in India: NPS Vatsalya set to be a game-changer

Employers and employees must contribute a percentage of their basic salary plus DA towards the UPS fund - which differentiates it from OPS but makes it similar to NPS

Maritime Development Fund may set sail with foreign kitty, PSU push

Centre looking for equity commitments to the Rs 30,000 crore maiden fund

Pension plans of various companies, terms, fees collected in one table

Deferred annuity payouts, single and joint plans, 'lifetime income' other schemes explained

High-level delegation of US pension funds to visit India next week

These funds with $1.8 trillion AUM are looking to bet big on India

CBDT extends tax relief for SWFs, pension funds to March 31, 2025

With the changes, the funds can now enjoy exemption from tax on dividend income, interest income, or long-term capital gains tax arising from investments made in India

Midlife financial planning: Buy deferred annuity plan for assured income

Some portion of retirement savings must also be invested in growth assets and some in liquid ones to meet emergencies

Pension plans of various companies, terms, fees put together in one table

Regular pay, single pay and single pay deferred annuity schemes explained for your convenience

Pension plan terms and guaranteed sums explained in one chart

Pension plans of six major financial companies explained