State the guidelines for FDI in Pension Sector along with Entry Route and percentage of Equity/FDI under Foreign Direct Investment-Regulation and Policy.

Foreign investment in Pension Funds is allowed as per the Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013. Foreign investment in Pension Fund will be subject to the condition that entities bringing in foreign equity investment as per Section 24 of the PFRDA Act shall obtain necessary registration from the Pension Fund Regulatory and Development Authority and comply with other requirements as per the PFRDA Act 2013 and rules and regulations framed under it for so participating in Pension Fund Management activities in India. An Indian pension fund shall ensure that its ownership and control remain at all times in the hands of resident Indian entities as determined by the Government of India/ PFRDA as per the rules / regulations issued by them from time to time. Sector Percentage of Equity/FDI Entry Route Pension Sector 49% Automatic