Pension fund investment to cross $1 tn by 2025: Report

Dec 09 2013, 01:05 IST
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SummaryPFRDA Act, 2013, will help the sector move forward to realise its full growth potential and cross the $1 trillion-mark.

The recent passage of pension regulator Act will spur growth potential of investment corpus of the pension sector to over $1 trillion by the turn of 2025, says a report. According to an EY-CII report, the recent passage of the PFRDA Act, 2013, will help the sector move forward to realise its full growth potential and cross the $1 trillion-mark.

“... the need for protecting old-age income security would underpin growth of pensions market in the country as the focus sharpens on expanding the coverage the NPS in private sector and insurers,” said the report.

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