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 approval....
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GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
INDIA - Goldman Sachs Asset Management has acquired India's largest ETF provider Benchmark Asset Management and announced plans to bring actively managed funds onshore.
ASIA - Allianz Global Investors has signaled further expansion into Asia's pension market as a key medium-term objective.
INDIA - A new scheme catering for workers in India's unorganised sector is looking for micro-finance loan providers to help members make their first contributions.