Brics and straws

Brics and straws

Brics Bank has its own limitations, and let us hope it will...
Much ado about execution

Much ado about execution

Effective delivery must be brought to the centre of policy-making...

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

Dec 09 2013, 01:05 IST
Comments 0
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.

Ads by Google

More from Business

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...