The changes in NPS rules suggested by PFRDA are as follows: - To increase the entry-exit age limit, automatic continuation. - Subscribers who are 60+ will get an easy exit option. - to revise partial ...
In a major reform of the national pension system (NPS), the pension regulator has proposed to increase the lump sum payout to non-government sector subscribers to 80% and reduce annuitisation to 20% ...
The National Pension System (NPS) is set for its biggest reset in years. Under new chairman Sivasubramanian Ramann, the pension regulator has cleared the way for fresh investment options and proposed ...
The Pension Fund Regulatory and Development Authority (PFRDA) has mooted a proposal to enable lump-sum withdrawal and systematic unit redemption for National Pension System (NPS) subscribers with ...
The national pension system (NPS) offered to private sector subscribers is seeing a flurry of changes to rules and a few proposals too in the pipeline. Some changes have taken effect from October 1 ...
Come 1 October, a reformed National Pension System (NPS) will be put in place to eliminate some of its current rigidity. For one, non-government-employee subscribers will now have an option to invest ...
The pension regulator highlighted the need for a robust distribution network, digital onboarding, and increased commissions ...