Page 4 - Pension Funds
Budget new rules on holding firms queer pitch for sovereign, pension funds
A proposed regime requiring investments through holding companies may have tax implications, say experts
 "Budget new rules on holding firms queer pitch for sovereign, pension funds")
Like performance of Cheteshwar Pujara, Budget 2021 is brave and stable
Long-term investment in infrastructure by Sovereign Wealth Funds and Pension Funds will also receive a boost owing to certain relaxations
Allow insurance, pension funds to invest in lower-rated debt: SBI chief
Dinesh Kumar Khara says this is needed to ensure money flows into infrastructure, as is the case across the globe
 "Allow insurance, pension funds to invest in lower-rated debt: SBI chief")
Pension fund authority woos corporates to become NPS subscribers
The Pension Fund Regulatory Development Authority (PFRDA) is urging corporates to become its subscribers for the benefit of employees, its chairman Suprotim Bandopadyay said on Thursday.
 "Pension fund authority woos corporates to become NPS subscribers")
Make most of rupee-cost-averaging in NPS as well, with introduction of SIP
While this will help investors become more disciplined in saving for their retirement, the transaction charge could be a concern for those investing small amounts
FinMin proposes curbs on foreign investment in pension funds from China
Foreign investment in pension funds regulated by the Pension Fund Regulatory and Development Authority (PFRDA) is capped at 49 per cent with automatic route
 "FinMin proposes curbs on foreign investment in pension funds from China")
Pension funds, PE may invest in renewable projects, roads after lockdown
Even as the lockdown has affected mergers and acquisitions (M&A) in various businesses, companies and deal consultants are certain that renewable power assets would be the first on the sale table.
 "Pension funds, PE may invest in renewable projects, roads after lockdown")
PFRDA chief mulls separate trust to manage private sector pension funds
Many other pension schemes in the market currently are unregulated
 "PFRDA chief mulls separate trust to manage private sector pension funds")
Pramod Kumar Singh appointed wholetime member of pension fund regulator
He is at present Competition Commission of India (CCI) secretary
Govt mulls to amend PFRDA Act; to separate it from NPS Trust: FM Sitharaman
FM Sitharaman also said that the government will help ease in mobility while in jobs
 "Govt mulls to amend PFRDA Act; to separate it from NPS Trust: FM Sitharaman")
Investment in Category-II AIFs saw five-fold increase in 3 years: Sebi data
An alternative investment fund is a vehicle where the minimum investment is Rs 1 crore
 "Investment in Category-II AIFs saw five-fold increase in 3 years: Sebi data")
Creating a unified pension platform
Recent plans announced by the government and the regulator are important steps towards empowering subscribers
 "Creating a unified pension platform")
Ontario Teachers' Pension Plan bets on PE, infrastructure in India
After playing LP (investors in PE funds), the Canadian pension fund is keen to invest directly in India
S&P 500's Biggest Pension Plans Face $382-Bn Funding Gap
Biggest reason is the poor returns they got from their assets in superlow interest-rate environment
 "S&P 500's Biggest Pension Plans Face $382-Bn Funding Gap")
Inadequate pensions leave India's elderly no choice but to work
Over a third of India's elderly people - 38% - continue to work
 "Inadequate pensions leave India's elderly no choice but to work")
Global pension funds chase Indian infra for better returns
CPPIB, CDPQ, PSP Investments and APG invest Rs 11,000 crore in 28 months
 "Global pension funds chase Indian infra for better returns")
Let govt staff's pension funds to invest 50% in equities: PFRDA
The authority manages about Rs 1.70 lakh crore of funds belonging to 1.5 crore subscribers
 "Let govt staff's pension funds to invest 50% in equities: PFRDA")
