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Kerala launches pension scheme for traders13-NOV-09
The Kerala government has launched a pension scheme for the trading fraternity including those who have small-scale industry registration.
No Tier-II account for poor NPS subscribers10-NOV-09
Subscribers of the low-cost version of the New Pension Scheme (NPS), called CRA Lite, will not be allowed to open a second savings account unlike normal subscribers.
Regulator ups maximum entry age for NPS to 6006-NOV-09
All citizens of the country can now buy a pension plan at retirement age with the pension regulator increasing the maximum age for entering the new pension scheme (NPS) from 55 years to 60 years.
SIB launches NRI service under New Pension Scheme27-OCT-09
Kerala-based South Indian Bank (SIB)has started providing service for NRIs joining the New Pension Scheme (NPS) implemented by the Pension Fund Regulatory and Development Agency (PFRDA).
Regulator may make NPS' net asset value public from December02-OCT-09
“The NAVs will be uploaded on the websites of the Central Record-keeping Agency (CRA) and fund managers from December 1,” said a senior official of the Pension Fund and Regulatory Development Authority (PFRDA).
PFRDA suggests incentive scheme for PoPs11-SEP-09
In order to widen the reach of the New Pension Scheme, the Pension Fund Regulatory and Development  Authority (PFRDA) has recommended the government to formulate an incentive scheme for points of presence (PoPs), or the  initial collection centres for the subscribers.
Maintenance fee of low-cost pension scheme to be below Rs 10010-SEP-09
The account maintenance charges of the proposed low-cost pension scheme would be drastically reduced to provide safety to people in the unorganised sector at affordable prices, interim regulator PFRDA said.
Govt may bear maintenance charges of low-cost pension scheme04-SEP-09
To help workers in the vast unorganised sector have a safety net at affordable prices, the government may bear the account maintenance charges of the proposed low-cost pension scheme.
Common platform for all MF investments likely from March04-SEP-09
Tired of filling several application forms to invest in different mutual fund schemes? Wait till March 2010, and you’ll just click this cumbersome process away.
Pension regulator seeks advisors to fix norms02-SEP-09
With the government expected to push for the passage of the Bill to provide legislative backing to the Pension Fund Regulatory and Development Authority (PFRDA), the regulator has decided to rope in professional advisors to finalise the guidelines for the sector.
Voters ID cards as age proof for pensioners over 80 yrs14-AUG-09
In a gesture towards pensioners over the age of 80, the government has decided to accept voters' ID cards as age proof for getting the post-retirement benefit.
Very few takers for New Pension Scheme till July 3111-AUG-09
Pension Fund Regulatory Development Authority (PFRDA) rolled out the NPS for all citizens from May 1. Till July 31, only 1,109 forms were collected by the 22 points of presence (POPs) appointed by the interim pension fund regulator.
New Pension Scheme is born, but refuses to grow10-AUG-09
Four months after its launch, registering yourself to be a member of the New Pension Scheme (NPS) is not an easy task.
Irda ignores LIC on NPS retailing07-AUG-09
The Insurance Regulatory Development Authority (Irda) has turned down a proposal from the Life Insurance Corporation of India (LIC) to set up points of presence under the New Pension Scheme that would have helped in collecting subscription from investors.
NPS subscribers swell to over 5 lakh till June28-JUL-09
The government today said that more than five lakh people have subscribed to its New Pension Scheme (NPS) till June-end.
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