The role of pension regulators
By: Asher, Mukul.
Contributor(s): Vasudevan, Deepa.
Material type:
ArticlePublisher: 2005Description: p.1-14.Subject(s): Social security - India | Pensions - India | Pensions
In:
MarginSummary: In developed financial and capital markets all financial intermediaries such as banks, insurance companies, and pension funds are well regulated. India is the first country in Asia to establish an independent regulator for the pensions sector. The regulator is expected to do much to integrate the disparate components of the social security system into a fiscally, financially and economically sustainable multi-tier system. If PFRDA were to bring in international best practices into pension management, it would lead to greater financial innovation. - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 38, Issue no: 1 | Available | AR69677 |
In developed financial and capital markets all financial intermediaries such as banks, insurance companies, and pension funds are well regulated. India is the first country in Asia to establish an independent regulator for the pensions sector. The regulator is expected to do much to integrate the disparate components of the social security system into a fiscally, financially and economically sustainable multi-tier system. If PFRDA were to bring in international best practices into pension management, it would lead to greater financial innovation. - Reproduced.
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