PFRDA

PFRDA keen on pension funds investing in sovereign green bonds on October-March FY24

July 19, 2023 2:25 am

APY is the guaranteed pension scheme of the government that provides monthly pensions in the range of Rs 1,000-Rs 5,000 to self and spouse with the return of accumulated corpus to the surviving nominees.

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Govt appoints ex-RBI official Mohanty as PFRDA Chairman

March 16, 2023 12:15 am

Supratim Bandyopadhyay’s tenure as PFRDA Chairman ended in January. PFRDA’s total assets under management were Rs 8.81 lakh crore as on March 4, 2023.

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Subscribers joining NPS after 65 can take up to 50% equity exposure

August 30, 2021 1:15 am

The Pension Fund Regulatory and Development Authority (PFRDA) has revised the guidelines on entry and exit following an increase in the maximum age for joining the NPS from 65 year to 70 years of age.

Opening an NPS account to get easier through OTP-based onboarding facility

June 29, 2020 5:14 pm

In order to further facilitate ease of NPS Account opening, the subscribers are now permitted to open their NPS account through OTP also, PFRDA said.

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Interview: Equity exposure for govt, non-govt employees should be uniform, says PFRDA chairman Hemant Contractor

August 11, 2017 12:57 am

Hemant Contractor said, "The private sector has grown very well. The All Citizens Scheme has grown by almost 100 per cent. The Atal Pension Scheme has also grown by 100 per cent. We have 60 lakh subscribers in Atal schemes. These schemes are doing well."

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Tax sops lure 1.3 lakh subscribers to National Pension System in FY16

April 13, 2016 2:16 am

Since its launch in July 2015, Atal Pension Yojana has 20 lakh subscribers

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Mis-selling of financial products: A safety net in the works

September 18, 2015 2:51 am

A government-appointed panel has suggested full disclosure of risks in an easy language, nominal surrender costs for products and flexible exit options.

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PFRDA seeks govt opinion on MF regulation, insurance products

August 22, 2015 1:51 am

Pension products of insurance firms are now regulated by IRDA.

Centre outlines steps to make PSB management more customer-friendly

June 08, 2015 2:35 am

While a leading insurance company had lost significant market share recently, PSU banks are under pressure from poor performance and rising bad loans.