August 2012 Vol. 17 No. 08
Investment fees for NPS set to increase
Category: India, Global
By Ravi Ananthanarayanan
India’s pension regulator, the Pension Fund Regulatory and Development Authority (PFRDA), has issued new guidelines for appointing fund managers for the National Pension System (NPS). Earlier, fund managers were appointed through a bidding process, with success linked, among other factors, to the fund management fees they quoted.
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