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NPS investors can now choose up to 3 pension fund managers for different asset classes: PFRDA

The pension fund regulator has issued a circular announcing that an NPS investor can now choose different pension fund managers for different asset classes. NPS allows an individual to invest in equities, corporate bonds, government securities and alternate asset classes. Previously, an NPS subscriber was allowed to choose only one pension fund manager. ....

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Max Life Insurance enters pension fund management biz; its arm secures licence from PFRDA

Max Life Pension Fund Management Limited, a subsidiary of the life insurance firm, will manage the pension assets with investment choices under the National Pension Scheme. ....

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Max Life Insurance enters pension fund management biz; its arm secures licence from PFRDA - Jammu Kashmir Latest News | Tourism

New Delhi, Aug 26: Max Life Insurance Company on Friday said it has ventured into the pension fund management business, as its subsidiary has secured Commencement of Business (COB) certificate from Pension Fund Regulatory & Development Authority (PFRDA). Max Life Pension Fund Management Limited, a subsidiary of the life insurance firm, will manage the pension assets with investment choices under the National Pension Scheme. Set up with initial capital of Rs 50 crore, the fund manager is expected to begin […] ....

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