Pension Fund News
The EPFO’s ATM plan is good but it must resolve its pension muddle first
It’s welcome that this retiral fund plans to enable ATM withdrawals as part of an upgrade plan billed as EPFO 3.0, with added flexibility options, but it urgently needs to relieve its pensioners waiting for a Supreme Court order to be implemented in their favour.
3 min read16 Dec 2024London Executives Call for Governance, Pensions Revamp to Lure More IPOs
The British government should prioritize streamlining corporate governance requirements and encouraging pension funds to invest in local stocks to boost the appeal of the UK’s capital markets, a survey finds.
2 min read24 Sep 2024The invisible burden on low-income workers that’s equivalent to a 35% tax paid by crorepatis
Compulsory contributions to insurance and pension plans are a heavy burden on workers below the income-tax threshold, according to some experts.
6 min read17 Sep 2024BOJ’s Bond Buying Cuts Carve Out Opening for Japanese Investors
As the Bank of Japan slows debt purchases, local investors are doing just the opposite, limiting upward pressure on bond yields.
2 min read11 Sep 2024More Australian Pension Funds Ramp Up Climate Investments
Two of Australia’s biggest pension funds are the latest to ramp up investments related to the consequences of climate change.
1 min read10 Sep 2024Manager of Canada’s public pension plan bullish on Brazil power and water sector, CEO says
CPPIB-BRAZIL/ (PIX):Manager of Canada’s public pension plan bullish on Brazil power and water sector, CEO says
2 min read27 Aug 2024New York’s Pension Fund Pressures Micron to Make Union Deal
New York’s $260 billion pension fund is urging Micron Technology Inc. to adopt a global policy of labor neutrality, which would pave the way for workers at the company’s chip factories to form and join unions.
1 min read26 Jul 2024A balanced life-cycle fund is in offing for NPS subscribers: PFRDA chief Deepak Mohanty
The fund will be an additional option in the auto choice where equity allocation can be maximum up to 50%, but the tapering would start only after 45 years of age, says Deepak Mohanty
1 min read21 Jun 2024New York City pension leader opposes election of Aramco’s chief as BlackRock director
BLACKROCK-INVESTORS/NEWYORK (PIX):New York City pension leader opposes election of Aramco’s chief as BlackRock director
2 min read1 May 2024Pension funds are pulling $325 billion from stocks
Some turn to bonds or private markets after major indexes’ run to records.
5 min read18 Apr 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared