Pension reform: PFRDA allows banks to set up pension funds for NPS; aims to boost competition
Banks can now independently manage the National Pension System (NPS) as the PFRDA approves a new framework to boost competition and protect subscribers. This move, alongside revised investment fee structures and new NPS Trust board appointments, aims to create a more robust and competitive pension ecosystem for improved retirement security.
Banks can now independently manage the National Pension System (NPS) as the PFRDA approves a new framework to boost competition and protect subscribers. This move, alongside revised investment fee structures and new NPS Trust board appointments, aims to create a more robust and competitive pension ecosystem for improved retirement security. What's Your Reaction?
