Policy on foreign investment in the Pension Sector- addition of paragraph 6.2.17.9 of ‘Consolidated FDI Policy Circular of 2014’

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..... estment in the Pension Sector- addition of paragraph 6.2.17.9 of Consolidated FDI Policy Circular of 2014 In pursuance of enactment of Insurance Regulatory Development Authority Act, 2013 Government has decided to permit Foreign Direct Investment in the Pension Sector as under: S. No Sector / Activity % of FDI Cap/ Equity .....

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..... 13 and Rules and Regulations framed under it for so participating in Pension Fund Management activities in India. (3) Wherever such foreign equity investment involves control or ownership by the foreign investor or, transfer of control or ownership of an existing pension fund from resident Indian citizens and/ or Indian companies owned and controlled by res .....

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