"In spite of repeated undertakings given to the high court,...
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Pension & Social Security
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China to ‘formulate’ policies for elderly, focus on boosting birth rates
China's population fell for a third consecutive year in 2024, as...
Relevance of gold as asset class to rise in coming years Nageswaran
Chief Economic Advisor V Anantha Nageswaran said it is very...
Changes in insurance sector will help create value for customers: Parekh
These regulations will increase the ease of doing business, encourage development of longer-term products, improve persistency, thereby creating value for customers,HDFC Life Chairman Deepak Parekh said Mumbai: The massive changes taking place on the regulatory front...
Rajasthan govt tables country’s first gig workers bill
Under the bill, the state will constitute a 'The Rajasthan Platform Based Gig Workers Welfare Board' which will ensure registration of gig workers and aggregators operating in the state The bill will give gig workers a unique ID which will be applicable across...
Society of Actuaries Research Institute launches longevity Illustrator for Singapore, Hong Kong and Canada
"A variety of possibilities should be considered when preparing for retirement, including longevity. SOA's Longevity Illustrator, a web-based tool, is designed to provide information to help individuals and couples plan a secure retirement more effectively with just a...
PFRDA to allow funds to invest in sovereign green bonds: Chairman Deepak Mohanty
Deepak Mohanty,Chairman, Pension Fund Regulatory and Development Authority The government is expected to issue sovereign green bonds in the second half of the current financial year as part of the overall market borrowing programme New Deelhi: Pension Fund Regulatory...
Rajasthan to bring law on social security pension, employment guarantee: CM
Ashok Gehlot, Chief Minister,Rajasthan ''There will be no shortage in providing minimum income and social security to the common man. With this feeling, in the upcoming session of the Rajasthan Legislative Assembly, a law will be made regarding social security pension...
India registers remarkable reduction in poverty with 415 million people coming out of it in 15 years: UN
According to the 2023 release, 1.1 billion out of 6.1 billion people (just over 18 per cent) live in acute multidimensional poverty across 110 countries. Sub-Saharan Africa (534 million) and South Asia (389 million) are home to approximately five out of every six poor...
Britain to tap pensions for infrastructure as Thames Water toils
Britain's financial services were largely cut off from the EU due to Brexit, with Amsterdam overtaking London as the region's biggest share trading centre. UK chip designer ARM's decision to list in New York and not London has also piled pressure on Britain to bolster...
PFRDA is working on a guaranteed pension product: Chairman
Deepak Mohanty, chairman,PFRDA PFRDA is actively working on introducing a guaranteed returns product in the market, Mohanty said, adding that it is mandated by the law to do so The fund managers will have to arrange more capital for launching such a product, Mohanty...
Birth Rate in Singapore falls to record low, only 35,605 babies in 2022
In response to queries on the declining TFR, National University of Singapore sociologist Tan Ern Ser remarked that likely factors include children increasingly not being seen as part of retirement planning, while the cost of raising them has risen in an increasingly...
EPFO extends deadline to apply for higher pension till July 11
This is the second extension of the deadline for applying for a higher pension. Earlier, it was extended from May 3, 2023, to June 26, 2023. The last opportunity of 15 days is being given to remove any difficulty faced by the eligible pensioners/ members, the...