Pension fund regulator PFRDA is planning to increase the commission for pension fund managers by 10 times to 0.1 per cent from the present 0.01 per cent, a top official said today.
The Pension Fund Regulatory and Development Authority (PFRDA), however, will cap the proposed increase at 0.1 per cent and wants the pension fund managers to decide what rate to be charged from investors.
"We are likely to come up with a notification by the month-end in which we are planning ..
