News Life and Health02 May 2018

India:Pension regulator pushes for higher equity investment limits

02 May 2018

The Pension Fund Regulatory and Development Authority (PFRDA) is lobbying the government to allow the National Pension Scheme (NPS) to invest more money in the stock markets. Government employees may get to invest 50% savings in stocks while the regulator mulls raising the cap to 75% for private-sector savers, reports Bloomberg.

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