Pension

Insurance companies have approached the IRDA for review of 22 pension products fearing they may not be conforming to the regulator's guidelines pertaining to assured returns.

"Insurance companies had filed

Government today said a decision on fixing the minimum pension amount to Rs 1,000 per month for its EPF subscribers will be considered by the Central Board of Trustees of

India should limit foreign investment in the pension sector at 26 percent a parliamentary panel report recommended on Tuesday.

The panel has suggested the cap should be part of

Pension and gratuity liabilities of retired employees have made a huge dent in banks’ profits in 2010-11 and were it not for the Reserve Bank of India's permission to make

Public sector banks can amortise in five equal installments additional burden arising out of pension benefits and enhanced gratuity obligation towards its employees, the Reserve Bank said on Wednesday.
The

The Rajasthan high court has come down heavily on the "inaction" of the Life Insurance Corporation of India (LIC) for not adhering to its board resolution to pay equal pension