Portability of PRAN – NPS Lite/Swavalamban to NPS – All Citizen Model and other sectors

Portability of PRAN – NPS Lite/Swavalamban to NPS – All Citizen Model and other sectors Pension Fund Regulatory andDevelopment AuthorityCIRCULAR PFRDA/2013/13 /PDEX/ 08                                                      20th August’2013 Subject: Portability of PRAN – NPS Lite/Swavalamban to NPS – All Citizen Model and other sectors   There were several requests from NPS Lite/Swavalamban subscribers seeking  porting of their … Read more

PFRDA to appoint auditors for pension fund managers

PFRDA to appoint auditors for pension fund managers To keep a tighter check on investments, the pension regulator has decided to appoint auditors for the pension fund managers (PFMs) and schemes of the National Pension System (NPS). Fund managers will also be expected to make full disclosure of scheme-wise investments on their websites. “As the … Read more

Subscribers to NPS to Now have Choice of Annuity Service

Subscribers to NPS to Now have Choice of Annuity Service Providers; PFRDA takes Important Step towards Providing an Exit Route to the Subscribers Subscribers to the National Pension System (NPS) will now have a choice of Annuity Service Providers, from whom they can choose their annuity schemes on their exit from NPS on attainment of … Read more