'Index funds are cheaper alternatives, but for that we've to wait'

With the Central Recordkeeping Agency (CRA) in place and three pension fund managers identified (UTI, SBI and LIC), the stage is almost ready for managing the retirement monies of Central government employees by June 2008. In an interview to Deepti Bhaskaran , Pension Fund Regulatory and Development Authority (PFRDA) chairman D Swarup explains the rationale behind important issues of costs. ? ...
From: in.news.yahoo.com