"Customer expectations in financial services are changing, with a...
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Pension & Social Security
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SC fastens liability of paying penalty on employer for delay in depositing compensation
"The perusal of the statement of objects of the said legislation...
Weight-Loss Drugs: Are new weight-loss drugs key to solving the obesity epidemic
Obesity is a serious medical problem as it is associated with...
PFRDA chief favours flow of pension money into infra building
“We will certainly want to make sure there is a smooth flow of money to infrastructure bonds or infrastructure projects if Nabfid provides a credit enhancement guarantee,” Sivasubramanian Raman, the chairman of the Pension Fund Regulatory and Development Authority,...
Finance Ministry urges employees to opt for UPS before Sept 30 deadline
Around 31,555 central government employees had opted for the UPS till July 20, and the last date to enrol under the scheme is September 30 New Delhi: The Finance Ministry on Thursday asked government employees to opt for shifting to the Unified Pension Scheme (UPS)...
Sebi to engage with govt to allow banks, pensions funds to invest in non-agri commodity derivatives
"We will also engage with the government to consider banks, insurance companies and pension funds to trade in these (non-cash, non-agricultural) markets," chairman Tuhin Kanta Pandey said Mumbai:Sebi will "engage" with the government to allow banks, insurance...
Govt extends one-time option to employees to opt for UPS
The government has decided to extend a one-time option to central government employees who joined services between April 1, 2025, and August 31, 2025, and have opted for the National Pension System, to migrate to the Unified Pension Scheme (UPS). This option may be...
NPS customers can now operate multiple pension schemes: PFRDA
Account holders will now be able to operate multiple pension programs, compared with just one earlier, the Pension Fund Regulatory and Development Authority said in a filing Tuesday. The change will help subscribers align their retirement and wealth building goals,...
India to become world’s third largest economy soon, says RBI Guv; hails PM Jan Dhan Yojana
Sanjay Malhotra, Governor, Reserve Bank of India The RBI governor said 55 crore accounts have been opened under the scheme to ensure participation of people from all sections in the country's growth journey, providing them with savings, pension, insurance, credit and...
Atal Pension Yojana crosses 8.11 crore enrollments with over Rs 48,000 crore AUM
It is rapidly gaining popularity amongst female population and younger generation of the country. In the FY 2024-25, out of the total enrolments, 55 per cent were women New Delhi: The total gross enrollments under Atal Pension Yojana (APY) have crossed 8.11 crore (as...
Govt allows a one-time switch facility from UPS to National Pension System
From April 1, 2025, the government has introduced UPS as an option under the National Pension System (NPS) for central government employees. UPS will provide assured payouts to the employees. Around 31,555 central government employees have opted for the Unified...
Future Trends: Tech-Driven Life & Annuities Insurance
Intelligent platforms now analyze vast volumes of policyholder, advisor, and market data to inform pricing, product configurations, and engagement strategies. This intelligence enables micro-targeted solutions — not only tailored to individual policyholders, but also...
Australia’s financial regulator sues Mercer over customer disclosures
The lawsuit comes after an Australian Securities and Investments Commission report criticized leadership across the A$4.1 trillion pensions industry for fostering a culture of poor customer service, outlining 34 recommendations for reform. The regulator has also taken...