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CAs can be retirement advisors to employees

Written by: Staff

New Delhi, May 4 (UNI) PFRDA chairman D Swarup has suggested that chartered accountants can act as retirement advisors to employees and educate people about pension reforms in India.

Pension Fund Regulatory and Development Authority (PFRDA) Chairman Mr Swarup while releasing a book 'Pension Plans', prepared by the Chartered Accountants of India here said Chartered Accountants can improve the financial and accounting system by developing guidance notes on the accountaing and auditing aspects of various entities involved in pension schemes.

While briefing the gathering on the pension reforms, and the issues and challenges involved therein, Mr Swarup emphasised the need to spread financial education awareness among investors and the avoidance of a regulatory overlap.

The book covers key issues relating to various pension schemes and reforms being implemented in this sector.


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