PFRDA

Pension Fund Regulatory and Development Authority (PFRDA) chairman S Ramann on Tuesday said the regulator would create an NPS fund-of-funds platform to channelise pension money to select alternative investment funds (AIFs). PFRDA has classified all alternate investment instruments into equity and debt after Sebi categorised Real Estate Investment Trusts (REITs) as equity. "Over the last few years, we have worked to classify alternate assets more clearly, strengthen governance structures, and build a centralised and transparent NPS (National Pension System) fund of funds platform that can select AIFs with rigour and credibility," Ramann said at IVCA DII & Exits 2025. This gives every pension fund, large or small, the confidence to deploy capital without compromising on prudence, he added. "India's next phase of capital formation must be built on strong domestic pools of patient capital. Pension assets, by design, are long-term and stable, and our effort at PFRDA is to create a ...

PFRDA chief S Ramann said two banks have applied to launch pension funds as regulator expands outreach to smaller cities, explores tech partnerships and plans to allow gold and silver ETF investment

PFRDA chief hints at 100% FDI parity, new small pension funds, and unified regulation to expand India's pension reach and improve financial literacy

Ramann said financial literacy will be the key to the wider adoption of products such as pensions, insurance, and mutual funds

Tuhin Kanta Pandey took charge as the chairman of Sebi in March 2025 and has since then driven reforms to improve ease of doing business and reducing the compliance burden on market intermediaries

PFRDA seeks public feedback on draft pension reforms, aiming for clearer wealth tracking and stable long-term returns under NPS and APY

Existing NPS accounts moved to UTI Pension Fund; subscribers can switch managers online

PFRDA Chairman S Ramann says the regulator aims to extend pension coverage through FPOs, self-help groups and fintech tie-ups, and may allow gold and silver investments

The Pension Sakhi model, inspired by bima sakhis, is a very important initiative, said PFRDA Chairman

Recently the central government extended the deadline for eligible employees, past retirees, and legally wedded spouses of deceased retirees to exercise their option to join the UPS till 30 November

The regulator is considering allowing pension funds to invest in gold and silver exchange-traded funds, venture capital funds, private credit, and alternative investment funds (AIFs), S. Ramann said

PFRDA chairman S Ramann said discussions with Sebi are underway to allow pension funds to trade in select commodity derivatives, with metals likely to be prioritised

PFRDA Chairman Sivasubramanian Ramann says infra firms depend on banks as bond markets avoid long-tenor, lower-rated debt, urging innovative frameworks and stronger ESG focus

Infrastructure is a core component of Prime Minister Narendra Modi's economic goals, driving the administration to look for ways to incentivize investment and close a large funding gap

PFRDA has proposed amendments to NPS exit and withdrawal rules, including redefining exit, higher lump sum limits, revised partial withdrawals and financial assistance options

Government gives NPS subscribers who joined after April 2025 till Sept 30 to switch to UPS, offering a chance to choose between assured pension and market-linked returns

: PFRDA updates CRA fees for NPS, UPS, APY and NPS-Vatsalya from October 1; Check how PRAN opening and annual maintenance charges will impact your pension savings.

PFRDA Chairperson S Ramann called on banks, particularly private lenders, to step up efforts, improve persistency, and enhance financial literacy for broader pension coverage

Portal simplifies navigation and improves search function for locating circulars and schemes

Retirement fund managers in India have asked the Pension Fund Regulatory and Development Authority to ease the cap on the purchase of corporate bonds with a maturity period of less than three years