Nps

Annuity flexibility, tax tweaks can boost NPS growth: Axis Pension Fund CEO

Greater flexibility in retirement withdrawals and restoration of tax incentives under the new tax regime can significantly accelerate growth in the National Pension System (NPS), according to a senior industry executive. "One major issue is the compulsory 20 per cent annuity requirement. We have suggested PFRDA that with the new Retirement Income System (RIS) for de-accumulation, customers should be allowed to choose between annuity and RIS. If this flexibility is introduced, it would help significantly," Sumit Shukla, Managing Director and Chief Executive Officer of Axis Pension Fund told PTI. At present, a portion of the NPS corpus is mandatorily used to purchase annuity products at the time of retirement, though the regulator has recently introduced the Retirement Income System (RIS) framework aimed at offering more flexibility in post-retirement income planning. Shukla also pitched for restoring the additional Rs 50,000 tax deduction for NPS contributions under the new tax regim

Started retirement planning at 40? Here's how to catch up in time

Step up savings rate, build equity-heavy portfolio, and automate investments

Your family could pay ₹39 lakh in tax on inherited MFs- but zero on NPS

Mutual Funds vs NPS: The Inheritance Tax Difference Few Investors Understand

Axis Pension Fund targets 500K new subscribers and ₹30,000 crore AUM

The pension fund manager expects onboarding through BHIM, Google Pay and PhonePe, along with new products, to drive subscriber growth in FY27

Retiring? NPS's new withdrawal option changes how you get monthly income

Under the new framework, subscribers will be able to withdraw a designated portion of their pension corpus in phases through different drawdown options during the decumulation phase.

How NPS Swasthya model may reshape elderly healthcare financing in India

PFRDA's proposed NPS Swasthya Pension Scheme seeks to combine retirement savings with healthcare financing, potentially reshaping elderly-care funding beyond traditional insurance models

NPS corporate model split: How new charges could shape subscribers' corpus

By creating distinct frameworks for government and private-sector employers, regulator aims to streamline the National Pension System

NPS Vatsalya allows data sharing, full equity option: Impact explained

By combining full equity exposure with data-driven engagement, the regulator aims to transform NPS Vatsalya into a high-growth, customised investment vehicle

PFRDA plans higher equity exposure, new asset classes to boost NPS returns

Regulator plans gradual shift towards 25% equity in government composite scheme and new asset classes, including AIFs, to support long-term returns

Budget 2026 expectations: NPS tax benefits, ageing India and pensions

With India's senior population rising, industry executives want wider NPS tax benefits and simpler pension rules in Budget 2026

Invest in NPS Vatsalya if you have a long horizon and can forgo liquidity

The scheme may not suit investors who want liquidity, are targeting short- to medium-term goals, or are uncomfortable with equity volatility

Govt revises wages, pension for insurers, Nabard and RBI employees

The move assumes significance, given that it will benefit about 46,322 employees, 23,570 pensioners, and 23,260 family pensioners

NPS Vatsalya becomes 'flexible investment' option: Expert explains changes

Pension funds regulator relaxes withdrawal and exit norms, allowing parents to access funds for education and medical needs while maintaining long-term savings

PFRDA panel on assured NPS payouts: Experts explain what may change

A shift towards predictable pensions, where subscribers may target a fixed monthly income, experts say

NPS reforms: Panel set up on assured payouts, Vatsalya exit norms eased

Pension regulator overhauling National Pension System to introduce assured payouts and flexible withdrawal norms, aiming to bridge the gap between long-term savings and immediate liquidity needs

Banks entering NPS fund management space: What it means for subscribers

More bank-led pension funds mean wider access, sharper competition, and better NPS experiences for long-term savers, say experts

Banks may soon sponsor pension funds as PFRDA approves major NPS reforms

PFRDA has approved a framework allowing scheduled banks to sponsor pension funds for NPS assets, alongside appointing new trustees and revising investment management fee norms

Housing top reason for partial withdrawals under NPS in FY25: PFRDA

Housing-related needs accounted for the highest number of partial withdrawal requests under the National Pension System in FY25, with Rs 1,327.91 crore withdrawn, PFRDA data show

NPS withdrawal norms: Greater fund access comes with onus to manage risk

Systematic Unit Redemption offers market-linked returns and deferred tax payment, but does not guarantee pension for lifetime

New NPS rules: 10 changes in accumulation, growth, pension withdrawal

Revised norms boost retirement liquidity by slashing mandatory annuity requirements and raising the full lump-sum withdrawal limit to Rs 8 lakh