|
|
|
| No Tier-II account for poor NPS subscribers | 10-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 60 | 06-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 Scheme | 27-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). |
|
|
|
|
|
|
| PFRDA suggests incentive scheme for PoPs | 11-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. |
|
|
|
|
|
|
|
|
|
|
|
|
| Pension regulator seeks advisors to fix norms | 02-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. |
|
|
|
|
|
|
| Very few takers for New Pension Scheme till July 31 | 11-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. |
|
|
|
|
|
|
| Irda ignores LIC on NPS retailing | 07-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. |
|
|
|
|
|
|