The New Pension Scheme (NPS) Trust has ‘suggested’ a clean-up action plan for the seven pension fund managers, which includes a clear strategy to exit all investments made in their own promoter groups. But, fund managers are treating its suggestions as ‘elders’ advice.’ The NPS Trust’s review of pension fund managers’ investment strategies over the last three quarters has found several anomalies.
http://economictimes.indiatimes.com/personal-finance/savings-centre/savings-news/nps-trust-suggests-clean-up-action-plan-for-pension-fund-managers/articleshow/11611671.cms
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