Appointment of Business Review Consultant to NPS Trust
REQUEST FOR PROPOSAL FOR APPOINTMENT OF BUSINESS REVIEW CONSULTANT (BRC) TO NATIONAL PENSION SYSTEM (NPS) TRUST TO REVIEW THE PERFORMANCE OF THE PENSION FUND MANAGERS NOVEMBER 2012
News and information relating to new pension scheme which is also known as national pension system
REQUEST FOR PROPOSAL FOR APPOINTMENT OF BUSINESS REVIEW CONSULTANT (BRC) TO NATIONAL PENSION SYSTEM (NPS) TRUST TO REVIEW THE PERFORMANCE OF THE PENSION FUND MANAGERS NOVEMBER 2012
Corporate-CG scheme w.e.f. 01-11-2012 under New Pension Scheme – Corrigendum. The existing corporates under CG scheme are allowed a time period of 60 days from 1st Nov 2012 i.e. up to 31st December 2012 to choose any one PFM for shifting their assets. However, the investment management fee would be the same as the fee applicable to the NPS schemes under Private Sector as per the extant guidelines
To keep a tighter check on investments, the pension regulator has decided to appoint auditors for the pension fund managers (PFMs) and schemes of the National Pension System (NPS). Fund managers will also be expected to make full disclosure of scheme-wise investments on their websites.
PFRDA to introduce new Scheme called Corporate CG Scheme: Employees working Corporate Sector can choose the investment model followed in respect of Central Government Employees
The Union Cabinet recently approved the introduction of certain official amendments to the Pension Fund Regulatory and Development Authority Bill, 2011. These official amendments have been necessitated in view of the recommendations of the Standing Committee on Finance which has examined the Bill. Based on the recommendations of the Standing Committee on Finance, the Government has decided to accept
Frequently Asked Question About New Pension Scheme
The Union Cabinet today approved the introduction of certain official amendments to the Pension Fund Regulatory and Development Authority Bill, 2011. These official amendments have been necessitated in view of the recommendations of the Standing Committee on Finance which has examined the Bill.
New Pension Scheme – Revision of Investment Management Fee (IMF) for Pension Fund Managers for Private Sector NPS
The three NPS managers handling the pension funds of Central and state government employees have delivered average returns of 9.33% in the past one year, outperforming the state-run government provident fund (GPF)
The Pension Fund Regulatory and Development Authority (PFRDA) has recently issued a revised set of guidelines for registration of Pension Fund Managers (PFMs)
Subscribers to the National Pension System (NPS) will now have a choice of six annuity service providers from whom they can choose their annuity schemes on exit from the NPS on attaining the age of 60
Pension fund regulator PFRDA has invited bids from financial institutions to manage funds of Central Government Employees under the New Pension Scheme (NPS) for the next three years beginning April 1, 2012.