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Tata Asset Management

01 Oct 2021

PFRDA accords approval to Tata Asset and Max Life for setting up pension funds

PFRDA Chairperson Supratim Bandyopadhyay said next year the regulator will open 'on tap' registration in the initial months of the fiscal. Bandyopadhyay said, Axis Mutual Fund is also in talks with respective regulators for getting necessary approvals for setting up pension funds. On the pending amendments to the PFRDA Act, Bandyopadhyay said he expects Parliament to take it up for discussion in the upcoming winter session.

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