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EPFO's Central Board of Trustees to meet on Novem .. veral investment related decisions to be taken up

EPFO's Central Board of Trustees to meet on November 30, several investment related decisions to be taken up


Published on 2024-11-29 06:30:46 - Bill Williamson, WOPRAI
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  • The Central Board of Trustees of the Employees' Provident Fund Organisation is set to meet for the first time this fiscal year on November 30 and will take up several important proposals around investments including the redemption policy for investments into equity traded funds.

The Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) is scheduled to meet on November 30, 2024, to discuss several investment-related decisions. Key agenda items include the potential increase in equity investments, the review of the current investment strategy, and the performance of EPFO's investments in ETFs. Additionally, the board will consider the recommendations from the Finance Investment and Audit Committee (FIAC) regarding the investment pattern for the fiscal year 2024-25. The meeting will also address the interest rate for the current fiscal year, which has been a point of contention among members. The decisions made could significantly impact the retirement savings of millions of subscribers.

Read the Full Business Today Article at [ https://www.businesstoday.in/personal-finance/story/epfos-central-board-of-trustees-to-meet-on-november-30-several-investment-related-decisions-to-be-taken-up-455648-2024-11-29 ]
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