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Govt appoints IRDAI’s Randip Jagpal and EPFO’s Sanjay Pandey as Members of PFRDA
Earlier in the week, the government appointed Deputy CAG S Ramann...
No fee to be charged for updation of nominees for PPF accounts: FM
"The Banking Amendment Bill 2025, passed recently, allows...
Uber drivers declared as employees by New Zealand court
The Employment Court highlighted the need to adopt a purposive approach to determining the status of the drivers, having regard to the applicable legislation and its role in protecting vulnerable workers, regulating the labour market, and ensuring the maintenance of...
Ontario Teachers’ Pension Plan remains bullish on India
Jo Taylor, president and chief executive officer Ontario Teachers' Pension Plan OTPP is eyeing opportunities in healthcare, infrastructure and financial services in India. Also of interest are the insurance sector and technology-enabled segments, especially in the...
Punjab announces to restore old pension scheme for state govt employees
"We have taken an in-principle decision to this effect in a cabinet meeting. This will benefit lakhs of employees," he said while adding that modalities will be worked out. Chandigarh: The Punjab government on Friday decided to restore the old pension scheme for its...
Dhariwal appointed as CEO of Max Life Pension Fund
Max Life Insurance on Tuesday announced the appointment of Ranbheer Singh Dhariwal as the Chief Executive Officer (CEO) of its wholly-owned subsidiary Max Life Pension Fund Management Ltd. Dhariwal's appointment is effective October 15, Max Life Insurance Company said...
India’s pension system shows marginal improvement in global ranking: Report
Globally, Iceland was ranked at the top followed by the Netherlands, Denmark, Israel, Finland and Australia ''The new labour reforms in India are expected to usher in a framework to facilitate increased participation in private pensions, thereby encouraging higher...
Union Minister Jitendra Singh launches integrated portal for pensioners
The portal – www.ipension.nic.in – will act as a one-stop solution for all the pensioners' needs. New Delhi: Union Minister Jitendar Singh on Tuesday launched an integrated portal aimed at ensuring “ease of living” for the central government pensioners. The portal –...
Number of Indian poor people fell by about 415 mn between 2005-06 and 2019-21, a ‘historic change, says UN
"Despite tremendous gains, the ongoing task of ending poverty for the 228.9 million poor people in 2019/2021 is daunting — especially as the number has nearly certainly risen since the data were collected'' The number of poor people in India fell by about 415 million...
Indian women prefer savings plans among life insurance products: Tata AIA survey
72% of women believe life insurance is integral to their financial planning post-Covid-19. The respondents from tier-3 cities feel more strongly about this. A savings plan was the most preferred among life insurance products, followed by term insurance. Pension plans...
Mental, physical & financial resilience improving, says New HSBC Life 2022 +Factor Study
Greg Hingston, CEO, Global Insurance and Partnerships, HSBC Life, commented: "The interconnection between mental, financial and physical dimensions is clear. When one dimension improves, the others follow. When physical, mental and financial health are all addressed,...
UK watchdog tells pension funds to focus on building buffers
Nikhil Rathi, CEO, Financial Conduct Authority Regulators have told defined benefit pension funds to build up their liquidity buffers to cope with any further big hike in gilt yields when BoE support ends on Friday London: Britain's financial watchdog told pension...