If you still think that the National Pension System (NPS) is a boring government product meant only for old-fashioned uncles and PSU employees, then you are about to miss the pension bus. Big time. While everyone is busy debating low savings rates and chasing mutual fund returns, the NPS has just gone through a quiet […]
Finance Minister Nirmala Sitharaman praised the National Pension System (NPS) on Wednesday and said that it emerged as a good performance and cost -effective pension planning tool, with some of the best returns among worldwide pension products.Speaking at the NPS Diwas Conference in New Delhi, organized by the Pension Fund Regulatory and Development Authority (PFRDA), […]
Sivasubramanian Ramann, chairman, PFRDA | Photocredit: EOS5D4 The Pension Fund Regulatory & Development Authority (PFRDA) is working on alleviating the friction issues that do not allow pension funds to bring freely money in more innovative ways such as real estate investment trusts (REIT) and Infrastructure Investment Trusts (Invit). Sivasubramanian Ramann, chairman, PFRDA, noted that there […]