PFRDA is merging NPS Scheme A with Schemes C and E to modernize its investment framework. This move aims to enhance diversification, stability, and risk-adjusted returns for subscribers by ...

Among the most notable changes is a proposal permitting Scheduled Commercial Banks (SCBs) to establish their own Pension Funds for NPS management.

Both government and private NPS subscribers can exit the scheme at 60 years of age. Under the new rules, both categories are ...

NPS Vatsalya Scheme: Union Finance Minister Nirmala Sitharaman on September 19 launched the National Pension System Vatsalya (NPS Vatsalya) scheme, ‘a pension scheme for minors’. The NPS Vatsalya was ...

ICICI Prudential Pension Funds Management Company Ltd. (ICICI PFM) has launched a new pension scheme, the NPS D.R.E.A.M. Plan (Dynamic Reallocation Enhanced Accumulation Model), under the Multiple ...

Under the amended rules, government employees are now formally allowed to take loans from regulated financial institutions by marking a lien or charge on their NPS account. This is a significant step, ...

The National Pension System (NPS) has undergone wide-ranging reforms that alter how investors accumulate, access, and manage ...

Budget 2024: NPS-Vatsalya is a plan for contribution by parents and guardians for minors will be started. On attaining the age of majority, the plan can be converted seamlessly into a normal NPS ...

Scheme A, which was part of the Tier 1 account of the National Pension System (NPS), will no longer be operated as a separate scheme. The PFRDA has decided to merge this scheme with Schemes C and E.

The Budget provided a tax benefit on NPS investments but did nothing to address a long-standing problem. Under the current ...

Retirement planning: The Unified Pension Scheme (UPS) is a hybrid pension plan that combines elements of defined contribution and defined benefit to provide a reliable income stream for retirees.

Planning for retirement might not be a priority when you're 25, but starting early can significantly reduce the financial pressure later in life. One of the most effective tools for long-term ...