NPS subsidy: PFRDA chief seeks extension beyond FY17

Last Updated: Wednesday, February 4, 2015, 20:45

The pension fund regulator PFRDA has sought a time extension beyond the 2016-17 deadline for the government subsidy towards the 'Swavalamban' scheme so as to encourage more poor people to join the scheme.

PFRDA chief eyes 20% coverage of the poor by FY18

Last Updated: Wednesday, January 21, 2015, 23:40

Pension fund regulator PFRDA Wednesday said it aims at increasing pension coverage for the deprived section to 15-20 percent over the next few years.

PFRDA proposes up to 25% withdrawal from NPS after 10 years

Last Updated: Sunday, January 19, 2014, 15:26

Pension regulator PFRDA has proposed allowing subscribers of National Pension System (NPS) to withdraw up to 25 percent of accumulated funds for meeting medical treatment expenses, higher education of children, marriage of daughters and house purchase.

Pension fund investment corpus to cross $1 tn by '25: Report

Last Updated: Sunday, December 8, 2013, 22:37

The recent passage of pension regulator Act will spur growth potential of the investment corpus of the pension sector to over USD 1 trillion mark by the turn of 2025, says a report.

Sebi issues advisory to general public on complaints

Last Updated: Friday, December 6, 2013, 20:23

Capital markets Sebi Friday issued a detailed advisory for general public on how they can take up their grievances on various issues including investment frauds, manipulative activities and other irregularities.

FinMin may allow 5 pvt funds to manage pensions of govt staff

Last Updated: Sunday, July 28, 2013, 11:53

"We have received representation from Pension Fund and Regulatory Development Authority (PFRDA) that the government employees should have same choices of pension fund managers as is available to non-government subscribers," a source said.

NPS subscribers earn double digit return in 2012-13

Last Updated: Wednesday, May 15, 2013, 22:00

Subscribers of National Pension System (NPS) regulated by Pension Fund Regulatory and Development Authority (PFRDA) earned double digit returns of as much as 14.19 percent during 2012-13.

PFRDA tightens investment guidelines for private sector NPS

Last Updated: Friday, April 19, 2013, 19:14

Besides, the pension regulator has asked these fund managers to restrict their single industry exposure to 15 percent of NPS investments under all schemes, among others.

PFRDA allows subscribers lump sum withdrawal on exit

Last Updated: Thursday, March 14, 2013, 16:17

Pension fund regulator PFRDA has allowed investors in the New Pension Scheme (NPS) to withdraw lump sum amount at the time of their exit, as against the current practice of 'phased withdrawals' every year.

LIC selected as default NPS annuity service provider

Last Updated: Sunday, March 3, 2013, 11:13

PFRDA has empanelled seven Annuity Service Providers (ASPs) for providing annuity services to NPS subscribers.

PFRDA will correct flaws in New Pension Scheme: Chairman

Last Updated: Tuesday, November 27, 2012, 14:23

Pension Fund Regulatory and Development Authority (PFRDA) Chairman Yogesh Agarwal on Tuesday said there were some flaws with the New Pension Scheme (NPS) and the regulator is taking steps to improve the scheme.

Muthoot Finance ties up to offer National Pension Scheme

Last Updated: Thursday, November 15, 2012, 15:57

Muthoot Finance is the only Non-Banking Financial company in the state to be approved by the PFRDA to act as a service provider for the pension plan, a company release said here.