PFRDA Plans Direct Pension Fund Investments In Large Infrastructure Projects Within Two Years
The Pension Fund Regulatory and Development Authority (PFRDA) plans to allow pension funds to invest directly in large infrastructure projects within the next two years, chairman S Ramann said. The move is aimed at expanding investment options under the National Pension System (NPS) and directing part of the country’s long-term retirement savings towards infrastructure assets that require…
The Pension Fund Regulatory and Development Authority (PFRDA) intends to permit pension funds to directly invest in large-scale infrastructure projects within the next two years, as stated by chairman S Ramann. This initiative aims to broaden investment opportunities under the National Pension System (NPS) and allocate a portion of the nation's long-term retirement savings towards infrastructure assets that necessitate extended investment durations.
PFRDA seeks to provide pension funds with more investment avenues, as Ramann explained that these funds could potentially hold direct exposure to large infrastructure projects for 10-15 years, aligning well with the long-term nature of retirement savings.
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Also reported by 1 other outlet
- Pension savings may get bigger infrastructure play as PFRDA explores direct project exposure economictimes.indiatimes.com
