Your pension may be insecure- Govt may hike FDI limit in the pension sector to 74%-

Govt may hike FDI limit in the pension sector to 74% and a Bill in this regard is expected to come in the next Parliament session, according to sources. Last month, Parliament approved a Bill to increase FDI limit in the insurance sector from 49% to 74%. The Insurance Act, 1938 was last amended in 2015 which raised FDI limit to 49%.