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Now easier to enrol for NPS: Pension body launches StAR NPS for online onboardingThe Pension Fund Regulatory and Development Authority has launched a new digital platform called StAR NPS. This platform, developed by BSE ...
SBI employees’ 2-day strike on May 25, 26: Pension fund manager option to ‘NPS employees’, parity issue among 16 demandsSBI employees' nationwide strike May 25, 26: The demands raised by the federation include recruitment of messengers and armed guards, adequ...
Regulator allows banks to sponsor NPS pension funds; PFRDA clears framework in principleBanks can now sponsor pension funds for National Pension System assets. The Pension Fund Regulatory and Development Authority approved this...
India allows banks to sponsor pension funds under NPSBanks can now sponsor pension funds for India's National Pension System. This move by the Pension Fund Regulatory and Development Authority...
New NPS contribution rule: PFRDA reduces timeline of contributions made from July 1; three important things to knowNew NPS rules: The new NPS contribution timeline allowing for same-day investment will come into force on July 1, 2024, as per a circular i...
How to make NPS contributions using UPI-enabled QR codeThe QR code is unique to each subscriber and may be kept offline for payments; the QR codes for Tier I and Tier II are different.
Maximum commission chargeable on NPS account contribution capped at Rs 10,000: PFRDAA trail commission of 0.20 percent of the NPS D-Remit contribution amount (minimum Rs 15 and maximum Rs 10,000) will be paid to POPs starti...
SIP in NPS: How to set up SIP for same-day NAV for your investmentAfter entering beneficiary information, the person can invest in NPS with a minimum of Rs. 500 as per convenience and benefit from the same...
NPS subscribers can now deposit contributions under D Remit using IMPS facilityCurrently, NPS subscribers could deposit their voluntary contributions under D Remit using the Net banking facility directly by using NEFT ...
PFRDA extends direct remittance facility for non-resident subscribers of NPSPFRDA has now decided to extend the option of contribution into NPS through D-Remit to NRI-NPS subscribers, who can contribute to their NPS...
CAG suggested the govt to put in place a foolproof system to ensure registration under NPS“There was no assurance that all nodal offices and 100% of eligible employees were covered under NPS, even after 15 years of implementation...
RBI allows large NBFCs to offer NPSNBFCs with asset size of Rs 500cr and above and have made a net profit in the preceding financial year.
RBI allows NBFCs to offer new pension scheme"Eligible NBFCs extending such services shall ensure that the NPS subscription collected by them from the public is deposited on the day of...
Agents can charge up to Rs 5K from people joining NPS online: PFRDAThe service charges collected through eNPS platform would be paid to the concerned associated POP on quarterly basis after reconciliation o...
PFRDA lists norms to protect pensioners' NAV from market turmoilPension funds invest contribution of subscribers in the National Pension System as per the guidelines prescribed by regulator PFRDA.
PFRDA seeks applications for post of National Pension System Trust CEOPension Fund Regulatory and Development Authority (PFRDA) has sought application for the appointment of CEO of National Pension System (NPS...
PFRDA invites application for NPS Trustee BankPension fund regulator PFRDA is scouting for a bank to act as National Pension System (NPS) trustee to facilitate fund transfers across ent...
Axis Bank to replace Bank of India as trustee for National Pension SystemPrivate sector lender Axis Bank will replace state-run Bank of India (BoI) as the trustee bank for the National Pension System (NPS) from J...
- Govt may allow pension fund withdrawals
Regulator likely to allow contributors to pull out funds for housing construction, health emergencies.
- Rs 1,800-crore New Pension Scheme funds lying idle in government coffers
More than three lakh subscribers to the New Pension Scheme (NPS) administered for the government employees may find a reason to seek an exp...