India proposal to regulate pensions omits foreign investment

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INDIA - India's government has presented proposals in parliament that seek to give statutory power to the country's pension regulator, while omitting any mention of allowing foreign investment in the provision of old-age income.

The Pension Fund Regulatory and Development Authority Bill 2011 aims to upgrade the status of the regulator which has been functioning as an interim body for seven years without parliamentary appro...

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India proposal to regulate pensions omits foreign investment

INDIA - India's government has presented proposals in parliament that seek to give statutory power to the country's pension regulator, while omitting any mention of allowing foreign investment in the provision of old-age income.

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