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India may allow pension fund agency to regulate all pension products

Saturday, December 21, 2019, 8:22 PM

India's finance ministry has approved in principle making the Pension Fund Regulatory and Development Authority the sole regulator for all Indian pension products, said Supratim Bandyopadhyay, a member of the authority. "The in-principle approval has come from finance ministry for the PFRDA Act amendment which will make PFRDA the single regulator for pension products," said Bandyopadhyay.
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Government to soon start selection process for new PFRDA chairman

Sunday, March 17, 2019, 2:33 PM

The government will soon start selection process for a-new-chairman of pension fund regulator PFRDA to succeed the present chief, Hemant G Contractor, whose term is slated to end in April. "The Finance Ministry will soon come-out with an advertisement to find a successor to head the Pension Fund Regulatory and Development Authority (PFRDA)," sources told. Contractor's term will be completed on April 30, 2019.
 

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