Indian pension regulator to manage company pensions

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INDIA - The board of the Pension Regulatory Fund Development Authority (PFRDA) yesterday approved a proposal to manage companies' pension pots, said executive director Rani Nair.

Nair said the board still needs to work out the details of transferring assets, but expects to begin managing new assets in as soon as two months. "This request has come from a number of compani...

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