Stay updated with the latest pension-fund-regulatory-and-development news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on pension-fund-regulatory-and-development topics.
Pension fund regulator PFRDA has launched the second proof of concept (POC) of 'NPS Swasthya', an initiative aimed at integrating retirement planning with healthcare funding, PTI reported.The Pension Fund Regulatory and Development Authority (PFRDA) said the National Pension System (NPS) Swasthya is a multi-partner framework designed to provide financial and health security.Under the initiative, Medi Assist Healthcare Services will act as the core technology partner, CAMS KRA will handle onboard ...Read More >
Bengaluru, Apr 8 (PTI) Pension fund regulator PFRDA has launched the second "Proof of Concept (POC) of NPS Swasthya", an initiative intended to provide healthcare funding along with retirement planning. According to a statement, PFRDA said the National Pension System (NPS) Swasthya is a multi-partner initiative structured to provide comprehensive financial and health security. The Pension Fund Regulatory and Development Authority (PFRDA) serves as the regulatory authority. The Medi Assist Heal ...Read More >
New Delhi, Apr 2 (PTI) Parliament on Thursday passed a Bill to amend 784 provisions in 79 central laws for decriminalising and rationalising minor offences to further improve business environment and check harassment of people. The Jan Vishwas (Amendment of Provisions) Bill, 2026, was passed in the Rajya Sabha with a voice vote after Commerce and Industry Minister Piyush Goyal replied to a discussion on the legislation. The Bill was passed by the Lok Sabha on Wednesday. The minister said the ...Read More >
MUMBAI: The Telecom Regulatory Authority of India (Trai) has asked all insurance companies to adopt special 1600-series telephone numbers by February 15, to help protect consumers from fraud calls. All entities regulated by the Insurance Regulatory and Development Authority of India must use the designated numbering series for customer service and transaction-related calls, Trai said in a direction issued on Tuesday. The deadline was set in consultation with the insurance regulator. The 1600 s ...Read More >
NEW DELHI: Telecom regulator Telecom Regulatory Authority of India (TRAI) has mandated that entities regulated by the Insurance Regulatory and Development Authority of India (IRDAI) should adopt, by February 15, 2026, the '1600' series numbers for making service and transactional calls to consumers. The Trai said that the direction has been issued with the objective of enhancing consumer trust, curbing spam, and preventing fraudulent activities perpetrated through voice calls. "The series will ...Read More >
New Delhi, Dec 17 (PTI) Pension regulator PFRDA has revamped the exit and withdrawal rules, allowing non-government subscribers of National Pension System (NPS) to withdraw up to 80 per cent of the fund accumulated at the time of exit. The withdrawal limit earlier was up to 60 per cent of the accumulated pension wealth, and the remaining was expected to be utilised for buying an annuity, providing for a monthly or any other periodical pension. Besides, the regulator has also raised the exit ag ...Read More >
New Delhi, Dec 16 (SocialNews.XYZ) Non-government NPS subscribers can now withdraw 80 per cent of their retirement corpus as a lump sum at the time of exit, according to the Pension Fund Regulatory and Development Authority's (PFRDA) amended regulations announced on Tuesday. PFRDA's amendments to the National Pension System (NPS) make the exit rules under the non-government sector much more flexible under the Common Schemes (CS) and Multiple Scheme Framework (MSF). Earlier, subscribers could w ...Read More >
Mumbai, Oct 28 (SocialNews.XYZ) The Pension Fund Regulatory and Development Authority (PFRDA) on Tuesday said that it has organised a seminar on its consultation paper titled "Enhancing the National Pension System: Proposals for Flexible, Assured and Predictable Pension Schemes". The purpose of the event was to gather expert insights and stakeholder feedback on three proposed pension schemes under the National Pension System (NPS), designed to make retirement benefits more flexible, predictable ...Read More >
HDFC Pension aims to double its subscriber base in the coming years, targeting the youth and unorganized workforce to enhance retirement readiness across India. The company is focusing on expanding distribution, driving awareness, and innovating products to make NPS accessible and appealing, especially with recent regulatory reforms making it more flexible. HDFC Pension Management Company Limited aims to strengthen retirement readiness across India and double its subscriber base within the next ...Read More >
New Delhi: The government has approved the extension of two investment options, Life Cycle and Balanced Life Cycle, to central government employees under the National Pension System (NPS) and the Unified Pension Scheme (UPS), the finance ministry said on Friday. This is in line with the continued demand from Central Government employees for a broader range of investment options similar to those available to non-government subscribers. These options are designed to enhance flexibility in retirem ...Read More >
New Delhi: The Pension Fund Regulatory and Development Authority of India has come out with a discussion paper proposing a dual valuation approach for the securities held in scheme portfolios of National Pension System (NPS) and Atal Pension Yojana (APY). The framework aims to present pension wealth accumulation more clearly to subscribers while ensuring long-term financial stability and economic relevance, the regulator said in the discussion paper titled 'Alignment of Valuation Guidelines wit ...Read More >
New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has released a comprehensive Consultation Paper titled "Alignment of Valuation Guidelines with the core objectives of Long-only Funds when investing in Government Securities and calculation of Net Asset Value (NAV)". The framework proposed is part of PFRDA's ongoing commitment towards improving governance, protecting subscriber interests and contributing for India's broader financial and infrastructural growth. The Consul ...Read More >
Panaji: The Pension Fund Regulatory and Development Authority (PFRDA) launched the National Pension System (NPS) for Goa's driver community in collaboration with GoaMiles and HDFC Pension Fund. This initiative aims to extend pension coverage to nearly 5,000 drivers associated with the GoaMiles platform, marking a first-of-its-kind model in India.The initiative offers drivers structured retirement planning, with GoaMiles contributing to each driver's NPS account. During the event, 50 permanent re ...Read More >
New Delhi [India], October 1 (ANI): The Pension Fund Regulatory and Development Authority (PFRDA) has released a detailed Consultation Paper titled "Enhancing the National Pension System: Proposals for Flexible, Assured and Predictable Pension Schemes", inviting stakeholders across sectors to provide feedback on proposed reforms aimed at strengthening the National Pension System (NPS). Dated September 30, 2025, the paper outlines three innovative pension scheme options under the NPS framework d ...Read More >
NEW DELHI: Many major financial and regulatory changes took effect on Wednesday, affecting small banking, postal services, pensions, and railway ticketing. Indian Railways booking platform IRCTC has launched new Aadhaar-based guidelines for the online booking of general tickets to prevent misuse of the reservation system by fraudulent agents. India Post is expected to revise its Speed Post charges and introduce an OTP-based delivery system to improve the security of the packages, effective from ...Read More >
New Delhi, Oct 1 (SocialNews.XYZ) Many major financial and regulatory changes took effect on Wednesday, affecting small banking, postal services, pensions, and railway ticketing. Indian Railways booking platform IRCTC has launched new Aadhaar-based guidelines for the online booking of general tickets to prevent misuse of the reservation system by fraudulent agents. India Post is expected to revise its Speed Post charges and introduce an OTP-based delivery system to improve the security of the p ...Read More >
New Delhi: Bank customers, pension subscribers, train passengers, and postal service users will all be impacted by several regulatory, banking, and service-related changes that take effect October 1. RBI Cheque Clearing: The Reserve Bank of India (RBI) will transition from batch clearing to a continuous clearing method for cheque processing. The new system will be rolled out in two phases, with the first starting October 4, 2025, and the second from January 3, 2026. Railway ticketing rules: Ne ...Read More >
New Delhi, Sep 29 (SocialNews.XYZ) Bank customers, pension subscribers, train passengers, and postal service users will all be impacted by several regulatory, banking, and service-related changes that take effect on October 1. RBI cheque clearing: The Reserve Bank of India (RBI) will shift cheque processing from batch clearing to a continuous clearing method. The new system will be rolled out in two phases, with the first starting on October 4, 2025, and the second from January 3, 2026. Railwa ...Read More >
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New Delhi: Ministry of Finance has said that Central Government employees on Deputation/Foreign service to an organisation which is not a Central Government office may submit Physical 'Form A2' to opt for UPS. "The Central Government employees who are on deputation/foreign service to an organisation which is not a Central Government office and are unable to apply for UPS, may physically submit the duly filled Form A2 to the respective nodal office of their parent organisation. The nodal office ...Read More >
New Delhi, Aug 25 (SocialNews.XYZ) The Finance Ministry has introduced a one-time, one-way switch option for Central Government employees under the Unified Pension Scheme (UPS) to shift to the National Pension System (NPS). According to an official notification, this facility is available to UPS subscribers up to one year before their superannuation or three months before voluntary retirement. Employees facing dismissal, removal, or disciplinary action will not be eligible. The Department of ...Read More >
New Delhi: A total of 1.3 lakh minors have been enrolled under the NPS Vatsalya Scheme, the Union government informed the Parliament. In a written reply in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said that 130 thousand minor subscribers are registered under the NPS Vatsalya Scheme from September last year till August 3. The NPS Vatsalya Yojana, also known as the National Pension System Vatsalya, is a retirement savings scheme designed for minor children in India. Also Re ...Read More >
New Delhi, Jul 7 (PTI) Markets regulator Sebi on Monday proposed allowing asset management companies (AMCs) or their subsidiaries to offer additional services related to fund management, such as acting as Points of Presence (POP) for pension schemes and serving as global distributors for the funds they manage or advise. Presently, AMCs and their subsidiaries are only allowed to provide services which are in the nature of management and advisory of pooled funds. On Points of Presence (POP) for ...Read More >
New Delhi, July 4 (SocialNews.XYZ) The Finance Ministry announced on Friday that the tax benefits available under the National Pension Scheme (NPS) will apply mutatis mutandis to the Unified Pension Scheme (UPS), as it is an option under the former. The measure aims to provide further impetus to the UPS. These provisions ensure parity with the existing NPS structure and provide substantial tax relief and incentives to employees opting for the UPS, according to the Finance Ministry statement. T ...Read More >
New Delhi, Jul 4 (PTI) In a bid to promote Unified Pension Scheme, the government has made necessary changes to provide tax benefits to employees opting for UPS at par with those under National Pension System (NPS). The inclusion of UPS under the tax framework marks another step forward in the government's effort to strengthen retirement security for central government employees through transparent, flexible and tax-efficient options, the finance ministry said in a statement. "The government h ...Read More >
New Delhi [India], July 4 (ANI): The Finance Ministry has announced that all tax benefits available under the National Pension System (NPS) will also apply to the Unified Pension Scheme (UPS). The announcement is a significant move that will make UPS more attractive for central government employees. Also Read | Israeli Strikes Kill 15 in Gaza, While Shootings Kill 20 People Waiting for Aid, Authorities Say. The Unified Pension Scheme was introduced earlier this year as an option under NPS for ...Read More >
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