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Pension Fund Regulatory and Development Authority of India News

28 May 2020

Here’s how to apply for Aadhaar-based paperless KYC verification for NPS

The PFRDA has permitted e- NPS/Points of Presence facilities to use offline Aadhaar of prospective subscribers with their consent for opening NPS accounts.

Aadhaar account

27 May 2020

Aadhaar-based paperless KYC process allowed for opening NPS account

The Aadhaar-based offline paperless KYC verification "eliminates the need" to provide a physical copy of the 12-digit identifier.

Pension funds in stock markets

22 Nov 2015

Finance Ministry mulls allowing more pension funds in equities

The Finance Ministry is considering a proposal to raise investment limit of pension funds in stock markets to 50 per cent and a decision is expected in a short time, PFRDA Chairman Hemant G Contractor has said.

Pension Fund Regulatory and Development Authority of India

11 Oct 2015

Finance Ministry to look into raising equity investment proposal: Pension fund regulator

Pension funds regulator has said that finance ministry will look into the proposal of increasing the investment of pension funds in the equity market up to 50 percent of the corpus from the current 15 percent.

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