Give govt employees freedom to choose fund managers: PFRDA

Insurance regulator PFRDA wants government employees to be given freedom to choose their fund managers and investment pattern for money invested in Atal Pension Yojana.

PFRDA to train 75,000 people to drive NPS

PFRDA to train 75,000 people to drive NPS

Pension fund regulator PFRDA proposes to train 75,000 people who will form a "totally committed" workforce for the implementation of government's National Pension System

PFRDA chief hails NPS tax exemption, bats for parity

Tax exemption of up to 40 percent of the retirement corpus at the time of withdrawal under NPS is a big step by the government and going forward, there may be more parity between existing pension schemes, PFRDA Chairman Hemant G Contractor said on Wednesday.

Good news for NPS subscribers: Online payment facility launched

Good news for NPS subscribers: Online payment facility launched

Subscribers of New Pension System can now make their contributions online through net banking, credit or debit cards with pension fund regulator PFRDA launching a platform for the same.

PFRDA switches to PAN for online enrolment under NPS

Pension fund regulatory body PFRDA has started using PAN instead of Aadhaar for validation of new customers who can now be registered online under the National Pension System (NPS) scheme.  

Finance Ministry mulls allowing more pension funds in equities

Finance Ministry mulls allowing more pension funds in equities

The Finance Ministry is considering a proposal to raise investment limit of pension funds in stock markets to 50 per cent and a decision is expected in a short time, PFRDA Chairman Hemant G Contractor has said.

Only online withdrawals of pensions from April 2016: Pension regulator

Only online withdrawals of pensions from April 2016: Pension regulator

Pension fund regulator PFRDA has made it mandatory for the subscribers of New Pension System (NPS) to submit applications online for settlement of withdrawal claims from April 1 next year.

Finance Ministry to look into raising equity investment proposal: Pension fund regulator

Finance Ministry to look into raising equity investment proposal: Pension fund regulator

Pension funds regulator has said that finance ministry will look into the proposal of increasing the investment of pension funds in the equity market up to 50 percent of the corpus from the current 15 percent.

 

PFRDA to invite bids for pension fund managers

Regulator PFRDA Friday said it will invite fresh bids for appointing Pension Fund Managers (PFMs) for the Rs 90,000 crore corpus.

PFRDA may allow fund managers to invest 3% of corpus in PE

Sector regulator PFRDA is looking at allowing pension fund managers to invest up to 3 percent of corpus in private equity (PE) to maximise return, and a decision in this regard is likely to be taken in 3-4 months.

Now, NRIs can invest in National Pension System

Now, NRIs can invest in National Pension System

The government will shortly come out with a clarification on FEMA guidelines to facilitate non-resident Indians to invest in National Pension System.

NPS investment into equities touch 13% in FY15: PFRDA

NPS investment into equities touch 13% in FY15: PFRDA

For greater returns, the stock market investment from the New Pension System (NPS) corpus rose to 13 per cent in the last fiscal, while the pension regulator PFRDA is in discussion with the government for greater tax benefits for subscribers of this scheme.

Tax treatment of Atal Pension scheme unclear, says PFRDA

"Tax treatment of Atal pension is not clearly known but we understand it will be at par with the existing National Pension Scheme (NPS)," PFRDA whole time member B S Bhandari told PTI.

PFRDA takes aim at NPS taxation, bats for level-playing field

The Pension Fund Regulatory and Development Authority (PFRDA) on Friday said tax treatment on the National Pension Scheme (NPS) is a dampener and the regulator will continue to fight for a level-playing field.

Pension watchdog eyes APY to boost NPS corpus by Rs 50K cr

The Centre has launched Atal Pension Yojana (APY) targeted at people in the unorganised sector who wish to join NPS and are not a member of any other social security plan.

PFRDA changes investment norms in NPS schemes for govt sector

Pension fund regulator PFRDA has changed investment guidelines for NPS schemes applicable to government sector raising investment cap in debt and related instruments by 5 percent to 45 percent.

Sebi pitches for scaling up NCFE to complement Jan Dhan Yojana

It works with a vision of "a financially aware and empowered India".

PFRDA invites application for NPS Trustee Bank

Pension fund regulator PFRDA is scouting for a bank to act as National Pension System (NPS) trustee to facilitate fund transfers across entities such as annuity service providers and subscribers.

Expert panel for investment of NPS corpus into PE, VC funds

The total assets managed under NPS are about Rs 82,000 crore, while private sector contribution is just Rs 5,000 crore.

Banks, insurers asked to create common module for new schemes

To roll out three new social security schemes announced in the Budget, the government has asked banks and insurers to develop a common infotech module by June.