For NPS subscribers, the return on investment over a period of time is contingent upon exposure to equity and choice of fund ...
New framework allows eligible scheduled banks to sponsor pension funds, revise investment management fees and appoint new ...
Soon, banks will be able to independently sponsor funds for managing National Pension System (NPS) assets, as PFRDA on ...
PFRDA approves framework allowing banks to sponsor pension funds for NPS assets, revises investment management fees and ...
Scheduled Commercial Banks can now sponsor pension funds. PFRDA has revised charges for Points of Presence in NPS schemes.
At the heart of the overhaul is a decision to allow Scheduled Commercial Banks (SCBs) to independently set up Pension Funds ...
PFRDA has approved key reforms to allow scheduled banks to set up pension funds and revised NPS fee structures to boost ...
From global diversification to large-cap focus, NPS upgrades to AI adoption —here’s how to protect your wealth and grow ...
The detailed criteria will be notified separately and will apply to both new and existing pension funds said the PFRDA in a ...
PFRDA allows banks to establish pension funds for NPS, boosting competition and protecting subscriber interests. Details on eligibility criteria inside.
Among the most notable changes is a proposal permitting Scheduled Commercial Banks (SCBs) to establish their own Pension Funds for NPS management.