The NPS has offered higher returns so far than other schemes
Investment advisors are not comfortable with the idea of a retirement product like NPS investing in IPOs
Mulls raising threshold to Rs 5 lakh from current Rs 2 lakh for exemption from annuity requirement, hiking maximum age to 70 yrs from 65 yrs for NPS entry, a minimum guaranteed product, on-tap license
But taxation at maturity and compulsory annuities are dampers