PFRDA to soon announce names of nine pension fund managers
Pension fund regulator PFRDA will announce in the next 10 days the names of nine pension fund managers (PFMs) shortlisted by it under the new variable commission structure, a top official said today.
Pension fund regulator PFRDA will announce in the next 10 days the names of nine pension fund managers (PFMs) shortlisted by it under the new variable commission structure, a top official said on Wednesday. Moreover, the Pension Fund Regulatory Development Authority (PFRDA) is hopeful that Atal Pension Yojana (APY) will continue to grow by 35-40 per cent. There are more than 44 lakh subscribers registered in the scheme as of now.
“We have shortlisted nine PFMs under the new variable commission structure, which include seven existing PFMs. I, however, can’t tell you the names of companies until they are cleared by our board,” PFRDA Chairman Hemant Contractor told PTI here on the sidelines of an event here.
Read More: HERE
