India’s government is likely to appoint pension fund managers from among state-run firms within the next few months to flag off a long-pending reform, the country’s pension regulator said. Pension Fund Regulatory and Development Authority (PFRDA) chairman D. Swarup said State Bank of India, Life Insurance Corp., Punjab National Bank, and UTI Asset Management Co. have evinced interest to become pension fund managers (PFMs).
Vorsorgeforum – BVG