Pension Fund Regulatory and Development Authority

PFRDA eases process of 'retirement advisers' registration process

The government on Tuesday announced it was easing the process of registration of "retirement advisers", with the Pension Fund Regulatory and Development Authority (PFRDA).

Apr 25, 2017, 23:42 PM IST

To check misuse of NPS, PFRDA bars third party payments in Tier II accounts

In order to arrest the misuse of NPS, pension fund regulator PFRDA has said contribution to savings account (also called Tier-II account), which is attached to pension funds, can only be made by the subscriber and not by any third party.

Jan 15, 2017, 18:17 PM IST

PFRDA plans 10-time hike in commission for fund managers

Pension fund regulator PFRDA is planning to increase the commission for pension fund managers by 10 times to 0.1 per cent from the present 0.01 per cent, a top official said on Monday.

Nov 21, 2016, 22:40 PM IST

NPS: PFRDA lowers minimum contribution to Rs 1,000 per year

To encourage more people to join the National Pension System, regulator PFRDA has substantially lowered the minimum annual contribution to Rs 1,000 to keep the account active.

 

Aug 15, 2016, 10:46 AM IST

PFRDA to train 75,000 people to drive NPS

Pension fund regulator PFRDA proposes to train 75,000 people who will form a "totally committed" workforce for the implementation of government's National Pension System

Mar 27, 2016, 17:04 PM IST

Only online withdrawals of pensions from April 2016: Pension regulator

Pension fund regulator PFRDA has made it mandatory for the subscribers of New Pension System (NPS) to submit applications online for settlement of withdrawal claims from April 1 next year.

Nov 22, 2015, 17:17 PM IST

PFRDA to invite bids for pension fund managers

Regulator PFRDA Friday said it will invite fresh bids for appointing Pension Fund Managers (PFMs) for the Rs 90,000 crore corpus.

Aug 07, 2015, 17:05 PM IST

PFRDA may allow fund managers to invest 3% of corpus in PE

Sector regulator PFRDA is looking at allowing pension fund managers to invest up to 3 percent of corpus in private equity (PE) to maximise return, and a decision in this regard is likely to be taken in 3-4 months.

Aug 02, 2015, 13:41 PM IST

Tax treatment of Atal Pension scheme unclear, says PFRDA

"Tax treatment of Atal pension is not clearly known but we understand it will be at par with the existing National Pension Scheme (NPS)," PFRDA whole time member B S Bhandari told PTI.

Jun 28, 2015, 17:17 PM IST

PFRDA chief eyes 20% coverage of the poor by FY18

Pension fund regulator PFRDA Wednesday said it aims at increasing pension coverage for the deprived section to 15-20 percent over the next few years.

Jan 21, 2015, 23:40 PM IST