Tag: PFRDA)

Gross enrolments under Atal Pension Yojana cross 7 crore mark
Posted in Economy

Gross enrolments under Atal Pension Yojana cross 7 crore mark

The gross enrolments under the Atal Pension Yojana have crossed the 7 crore mark, the Pension Fund Regulatory and Development Authority said on Tuesday. This…

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nps: PFRDA plans to introduce systematic withdrawal plan under NPS by September: Chairman Deepak Mohanty
Posted in Economy

nps: PFRDA plans to introduce systematic withdrawal plan under NPS by September: Chairman Deepak Mohanty

Pension fund regulator PFRDA plans to come out with a systematic withdrawal plan which will provide flexibility to pension account holders to withdraw a lump…

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pfrda: Asset under management may cross magical number of Rs 10 lakh crore by September: PFRDA Chairman
Posted in Economy

pfrda: Asset under management may cross magical number of Rs 10 lakh crore by September: PFRDA Chairman

The AUM under pension schemes is expected to cross the landmark figure of Rs 10 lakh crore in the first half of this fiscal, helped…

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Minimum assured return pension scheme in the works: PFRDA chief, Mohanty
Posted in Economy

Minimum assured return pension scheme in the works: PFRDA chief, Mohanty

Pension Fund Regulatory and Development Authority (PFRDA) chairman Deepak Mohanty said on Wednesday that the regulator is working on a pension scheme that could provide…

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PFRDA: Minimum assured return scheme in works; to be launched soon: PFRDA Chairman
Posted in Economy

PFRDA: Minimum assured return scheme in works; to be launched soon: PFRDA Chairman

Pension Fund Regulatory and Development Authority (PFRDA) chairman Deepak Mohanty on Wednesday said the regulator is working on a pension scheme which could provide minimum…

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Posted in Economy

Pension regulator wants capital cover for assured return plans

India’s pensions fund regulator will ensure that the entities offering minimum assured return schemes (MARS) are adequately capitalised and that there are enough firewalls to…

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Finance Ministry names panel to improve pension benefits for govt staff
Posted in Economy

Finance Ministry names panel to improve pension benefits for govt staff

After the announcement last month by Finance Minister Nirmala Sitharaman to form a panel to review the pension system for government employees, the Finance Ministry…

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nps: Centre may offer financial aid to boost NPS returns
Posted in Economy

nps: Centre may offer financial aid to boost NPS returns

The Centre could offer financial support to bolster overall returns to government subscribers of the National Pension Scheme to make it more attractive. The finance…

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NPS PRAN: New process to make reclaiming ‘withdrawn but unclaimed NPS amount’ easier
Posted in Finance

NPS PRAN: New process to make reclaiming ‘withdrawn but unclaimed NPS amount’ easier

With regards to NPS, the Pension Fund Regulatory and Development Authority (PFRDA) has stated that any funds remaining after one month without being transferred to…

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Posted in Finance

Timeline to get NPS partial withdrawal money reduced to 2 days after authorisation

The Pension Fund Regulatory and Development Authority (PFRDA) announced the addition of more services in the bouquet under T+2 timelines. Now, the processing time for…

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