PFRDA has approved key reforms to allow scheduled banks to set up pension funds and revised NPS fee structures to boost competition and protect subscribers. https://english.mathrubhumi.com/news/india/pfrda-nps-reforms-banks-pension-funds-hkyrbxl9?utm_source=dlvr.it&utm_medium=mastodon #PFRDA #NPS #PensionReforms #Banking #IndianEconomy

PFRDA has eased NPS exit rules for non-government subscribers, allowing up to 80% lump sum withdrawal and relaxed annuity norms at retirement. https://english.mathrubhumi.com/news/money/big-relief-for-nps-subscribers-now-withdraw-up-to-80-lump-sum-at-exit-uwgxuqkx?utm_source=dlvr.it&utm_medium=mastodon #NPS #NationalPensionSystem #RetirementPlanning #PFRDA #NPSWithdrawal

NPS life cycle funds renamed: How PFRDA’s update aims to omprove choices and clarity https://english.mathrubhumi.com/news/money/nps-life-cycle-funds-renamed-clarity-and-investor-choice-ha3fiowi?utm_source=dlvr.it&utm_medium=mastodon #NPS #PFRDA #RetirementPlanning #Investment #Finance

Indian savers may soon get to choose pension plans designed just for them. A big change is coming to how you secure your retirement. https://english.mathrubhumi.com/news/money/india-customized-pension-plans-y08ykuwc?utm_source=dlvr.it&utm_medium=mastodon #PensionPlans #RetirementSavings #PFRDA #InvestSmart

If #PFRDA is a real regulator that has real tooth - they must be able to stop such 'loot' and this is fear mongering at best. Saying #PFRDA can regulate as long as there is only one NPS is a joke.
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RT @deepakshenoy
Another reason this is a bad idea: These state governments want the money that has been saved by govt employees in their PFRDA accounts so far. That's a LOT of money they can spend immediately, since some other governmen…
https://twitter.com/deepakshenoy/status/1571834719947608064