Thinking of a deferred annuity or retirement plan to meet your retirement expenses? Many are under the impression that pension plans are only sold by life insurers. Even though most of us would have heard of National Pension Scheme India, it is commonly thought that this scheme is only for the Government employees, which is far from the truth.
From May 1, 2009, National Pension Scheme India was thrown open to all citizens of India, between the age of 18 and 60. But has it attracted interest among the common man?
It seems the Pension Fund Regulatory and Development Authority (PFRDA) has also taken note of this development. Recently, they set up an expert committee under the former SEBI chief, G.N. Bajpai, to review investment guidelines for the National Pension Scheme India, other than for Government employees. This has been done to make the National Pension Scheme India more attractive. This panel, expected to submit its report in 6 weeks, might recommend changes or even new schemes. So, expect better schemes and returns to come out of the kitty of National Pension Scheme India.
With AUM of more than Rs. 58,000 crore, National Pension Scheme India, with more schemes and plans, would be an ideal place to start your retirement planning with.
How to invest in National Pension Scheme India?
Investing in National Pension Scheme India is not a tedious task. All it takes is to approach an approved Point of Presence (POP) service provider. The PFRDA has authorized many banks, financial organisations and the Department of Posts to act as POP for National Pension Scheme India. The highly transparent schemes and simple to operate rules make National Pension Scheme India more alluring for the man on the street.
It’s never too late to start retirement planning. Walk in to the nearest POP of National Pension Scheme India and get ready for your autumn years.
From May 1, 2009, National Pension Scheme India was thrown open to all citizens of India, between the age of 18 and 60. But has it attracted interest among the common man?
It seems the Pension Fund Regulatory and Development Authority (PFRDA) has also taken note of this development. Recently, they set up an expert committee under the former SEBI chief, G.N. Bajpai, to review investment guidelines for the National Pension Scheme India, other than for Government employees. This has been done to make the National Pension Scheme India more attractive. This panel, expected to submit its report in 6 weeks, might recommend changes or even new schemes. So, expect better schemes and returns to come out of the kitty of National Pension Scheme India.
With AUM of more than Rs. 58,000 crore, National Pension Scheme India, with more schemes and plans, would be an ideal place to start your retirement planning with.
How to invest in National Pension Scheme India?
Investing in National Pension Scheme India is not a tedious task. All it takes is to approach an approved Point of Presence (POP) service provider. The PFRDA has authorized many banks, financial organisations and the Department of Posts to act as POP for National Pension Scheme India. The highly transparent schemes and simple to operate rules make National Pension Scheme India more alluring for the man on the street.
It’s never too late to start retirement planning. Walk in to the nearest POP of National Pension Scheme India and get ready for your autumn years.
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