welcomewiki has just posted in the HR Forum forum of Wiki Newforum under the title of All about the New Pension Scheme.
This thread is located at http://www.wikinewforum.com/showthread.php?t=5839
Here is the message that has just been posted:
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*Who will decide the fund manager?
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At the moment, the Pension Fund Regulatory and Development Authority (PFRDA) has selected six fund managers -- State Bank of India, UTI, ICICI Prudential, Kotak Mahindra, IDFC and Reliance -- on the basis of a bidding and technical evaluation process.
You have to select one fund manager at the time of deciding your investment option; later, PFRDA may allow subscribers to choose more than one fund manager.
*Can I change my investment mix and the fund manager?* You can shift from one fund manager to another from May 2010.
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