Pension Fund Regulatory and Development Authority (PFRDA) Chairperson Sivasubramanian Ramann has referred ICICI Pension Fund's Swasthya Equity Plus (SEP) as an experiment under the National Pension Scheme's regulatory sandbox. He compared the NPS SEP with Aayushman Bharat and said that they
Having allowed banks to sponsor pension funds under the National Pension System (NPS), Chairman of the Pension Fund Regulatory and Development Authority (PFRDA) Sivasubramanian Ramann, has said that the playing field is level for all sponsors, including Asset Management Companies.
"Pension Bazaar is an assurance like Policy Bazaar has given the option to people that, with a click on mobile, they can buy any insurance policy. If we can also provide such a platform to people in pension, then the adoption rate will be increased," Ramann told ANI.
In a major move to improve retirement security, the Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee tasked with formulating guidelines and regulations to enable a framework for assured payouts under the National Pension System (NPS). This move
A key highlight of the reform package is the proposal to allow Scheduled Commercial Banks (SCBs) to independently set up Pension Funds for managing NPS.
The Pension Fund Regulatory and Development Authority (PFRDA) has changed the rules for how people can take money out of their National Pension System (NPS) accounts. These updates apply to the PFRDA (Exits and Withdrawals under the National Pension System) Regulations, 2015. The main goal o
New Delhi [India], December 2: In a landmark initiative to promote inclusive financial security for Indian families, ICICI Prudential Pension Funds Management Company Ltd. (ICICI PFM) announced the launch of its latest offering under the National Pension System (NPS), 'My Family My Future'.
The Pension Fund Regulatory and Development Authority (PFRDA) has released a comprehensive Consultation Paper titled "Alignment of Valuation Guidelines with the core objectives of Long-only Funds when investing in Government Securities and calculation of Net Asset Value (NAV)".The framewo
In a special initiative aimed at strengthening social security for the informal workforce, PFRDA jointly launched National Pension System (NPS) for Goa's driver community with GoaMiles and HDFC Pension Fund (PoP), in the presence of the Transport Minister of Goa, Mauvin Godinho, said the
The National Pension System (NPS) has received strong support from industry experts, who said that the reforms introduced by the Pension Fund Regulatory and Development Authority (PFRDA) are progressive and will help expand the reach of retirement savings in India.
India's National Pension System (NPS) has emerged as a high-performing and cost-effective retirement planning tool, delivering over 13 per cent average annual returns in its equity schemes since inception, Finance Minister Nirmala Sitharaman said while addressing the NPS Diwas conference on
The Pension Fund Regulatory and Development Authority (PFRDA) has released a detailed Consultation Paper titled "Enhancing the National Pension System: Proposals for Flexible, Assured and Predictable Pension Schemes", inviting stakeholders across sectors to provide feedback on proposed refor