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News Pension/Provident Fund

  • Jun 16, 2014
  • PFRDA Board clears 4 more draft regulations

    The pension regulator PFRDA’s Board has now given its nod for another four key regulations. This comes close on the heels of rolling out five draft regulations.The four regulations — whose drafts were cleared at recent Board meeting — related to custodians, central record keeping agency, Trustee Bank and enquiry, investigation and adjudication, RV Verma, officiating Chairman, PFRDA, told Business Line here.The rollout of these regulations — after receiving feedback from public — is a confidence building effort across stakeholders in the pension sector, Verma said.

    Source - http://www.thehindubusinessline.com