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Let Government Staff’s Pension Funds To Invest 50% In Equities: PF Body

  ¬†Hyderabad: The pensions fund regulator PFRDA wants government to more than treble investment levels in equity markets by government subscribers under the National Pension System (NPS) up to 50 per cent from 15 per cent now. The regulator has sent a proposal to government seeking to allow government subscribers (state and Central government employees) invest up to 50 per cent in equities under the NPS, Pension Fund Regulatory and Development Authority chairman Hemanth Contractor said here on Thursday. The authority manages about Rs. 1.70 trillion of funds belonging to…

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Road to Wealth: Five Steps to Follow When You Invest In Your 30s

It is good to start investing as early as possible in life. But if you are in your 30s and still clueless about investing systematically, here are some tips: 1) Set your goals The first and foremost thing to do is to set your goals. Knowing what you want to achieve will help you work¬†towards attaining those goals in a better way. “One should have clearly defined goals. As compared to 20s, one can define the needs more clearly in the 30s. This will help in laying out the goals…

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