Mumbai (Maharashtra) [India], July 3: In a landmark achievement, ICICI Prudential Pension Funds swiftly crossed the 50,000-crore mark in Assets Under Management (AUM) as of June 2025, making it one of the youngest pension fund managers to reach this milestone in record time. This rapid asce
New Delhi [India], July 2: Axis Max Life Insurance Limited ("Axis Max Life"/ "Company"), formerly known as Max Life Insurance Company Limited, has introduced the Axis Max Life Nifty 500 Multifactor 50 Index Pension Fund, a passively managed equity pension fund designed to help policyholders
On Friday, Sivasubramanian Ramann assumed charge as the Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA), according to Press Information Bureau, Ministry of Finance press release.
The Atal Pension Yojana (APY) has surpassed 7.60 crore gross enrolments, as of March 31, 2025, marking a milestone in its 10th year, according to a release by Pension Fund Regulatory and Development Authority (PFRDA).
The Sovereign Wealth Funds (SWFs) and Pension Funds (PFs) have emerged as critical drivers of capital flow into India says a report named "The Role of Sovereign Wealth and Pension Funds in India's Growth".
Retired employees of Karachi's Federal Urdu University allege that their pensions have been withheld for months while university funds, amounting to over PKR 500 million, were misused. The retirees are calling for an investigation into the alleged misuse of funds, demanding that the surplus
Mumbai (Maharashtra) [India], November 7: India's apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), announced the IVCA Private Credit Summit 2024, an initiative in collaboration with Avendus, EAAA India Alternatives Limited, InCred Altern
Mumbai (Maharashtra) [India], September 18: HDFC Pension Fund Management Limited (HDFC Pension), the largest private sector Pension Fund Manager under the National Pension System (NPS), has reached a significant milestone, surpassing Rs. 1,00,000 crore in Assets Under Management (AUM) as of
Deepak Mohanty, Chairperson, Pension Fund Regulatory and Development Authority (PFRDA) on Tuesday said that the share of cash and bank deposits in household financial assets is declining, while investments in bonds and equities are rising in the recent years, alongside a steady increase in f
China, in a move to counter its rapidly ageing population and a severe pension funding crisis, has expressed its intent to raise its statutory retirement age, as reported by CNN.
New Delhi [India], April 29: Max Life Pension Fund Management Limited ("Max Life PFM" / "Company") has laid out its roadmap for FY 25, emphasizing on the importance of planning for retirement early and advocating the Government of India's product National Pension System through a series of i