PFRDA has approved a pilot NPS Swasthya Pension Scheme under its regulatory sandbox to test health-linked benefits, allowing medical withdrawals and premature exits for treatment
The scheme may not suit investors who want liquidity, are targeting short- to medium-term goals, or are uncomfortable with equity volatility
PFRDA has set up a high-level expert panel, SAARG, to review and modernise the NPS investment framework, focusing on asset allocation, risk governance and long-term returns
PFRDA CHAIrman S Ramann saiD Access to Pension Products is essential for every Citizen as long-term financial security cannot be left to chance
More bank-led pension funds mean wider access, sharper competition, and better NPS experiences for long-term savers, say experts
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-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for the highest number of partial withdrawal requests under the National Pension System in FY25, with Rs 1,327.91 crore withdrawn, PFRDA data show
Partial withdrawal norms for NPS accounts rationalised; annuity mandate at retirement relaxed for smaller balances
PFRDA has overhauled NPS investment rules, allowing wider exposure to AIFs, REITs, InvITs, commodities, IPOs and a broader equity universe to boost returns and deepen diversification
The Pension Fund Regulatory and Development Authority will partly permit investment in select debt securities where 'rating from only one credit rating agency will be sufficient'
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