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S Ramann takes over as new chairman of PFRDA

S Ramann takes over as new chairman of PFRDA

by AIP Online Bureau | Jun 20, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Regulation

S Ramann, chairman, PFRDA With his vast experience in public finance, technology, and financial regulation, Ramann,an officer of the Indian Audit & Accounts Service (IA&AS) from the 1991 batch, has been appointed as the new chairman of PFRDA for a tenure of...

China basic pension fund posts 0.33% investment gain in 2022

by AIP Online Bureau | Nov 4, 2023 | Data, Eco/Invest/Demography, Pension & Social Security

The basic pension fund manages a total 1.62 trillion yuan by the end of 2022, and has posed an annual average gain of 5.4% since the end of 2016, when the national social security fund started to manage the pension’s investment The basic pension fund managed by...

Axis Bank forays into retirement biz with pension fund management, crosses Rs 100 cr in AUM

by AIP Online Bureau | Dec 21, 2022 | Banking & Bancassurance, Indian News, Pension & Social Security

The third largest private sector lender received a commencement of business certificate from the Pension Fund Regulatory and Development Authority (PFRDA) on September 20, and the AUM has been managed in the first 45 days of the business, as per a company statement...

Max Life incorporates pension fund subsidiary, to infuse Rs 55 cr

by AIP Online Bureau | Mar 2, 2022 | Briefs, Life, Pension & Social Security

Max Life Insurance Company Ltd has incorporated a wholly-owned subsidiary Max Life Pension Fund Management Ltd and will infuse Rs 55 crore into the firm by subscribing to 5.5 crore shares. The wholly-owned subsidiary company of Max Life Insurance Company Ltd (Max...

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