Who Reg­u­lates the NPS?

Consumer Voice - - Bfsi Guide -

The Pen­sion Fund Reg­u­la­tory Author­ity (PFRDA) has au­tho­rized 58 in­sti­tu­tions, in­clud­ing public sec­tor banks, pri­vate banks and pri­vate fi­nan­cial in­sti­tu­tions, as PoPs for open­ing NPS ac­counts of cit­i­zens. It is to be noted that all con­tri­bu­tions in NPS grow and ac­cu­mu­late over the years, depend­ing on the re­turns earned on such in­vest­ments. There­fore, it has to be un­der­stood that such re­turns are to­tally mar­ket-re­lated.

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