RBI cautions states against reverting to old pension scheme

<ul><li>Earlier, governments of Rajasthan, Chhattisgarh, and Jharkhand informed the central government and the Pension Fund Regulatory and Development Authority (PFRDA) about their decision to restart the OPS for their employees.</li></ul>

NPS: These four pension fund managers delivered over 15% returns on equity in last 3 years

The one-year returns range between 5 and 7 percent across these fund managers whereas the past three-year returns are as high as 14-16 percent.

How to choose between ELSS and NPS for tax exemptions? 3 financial planners explain

NPS and ELSS offer tax benefits, other than yielding adequate investment returns. What you must choose depends on how you view your finances in the future.

NPS death claims: PFRDA allows video-based identification process for legal heir, nominee

The PFRDA has decided to allow intermediaries to use technological intervention as an additional due diligence mechanism by using Video-Based Customer Identification Process (VCIP).

NPS guaranteed return scheme to carry floating rate, says report; check details

The rate on minimum assured return scheme (MARS) of NPS will be reset every year and will be lower than that of the 10-year government paper.

NPS partial withdrawal rule changed from January 1: Here's what you should know

PFRDA in its circular announced new rules for partial withdrawal of NPS for government sector subscribers.

NPS, bank lockers, credit cards and more: Complete list of changes in personal finance-related rules from January 1

<ul><li>Starting January 1, the online partial withdrawal from NPS through self-declaration will not be allowed for government subscribers.</li></ul>

PFRDA restores pre-COVID norms for withdrawals by govt NPS subscribers; Details here

The Pension Fund Regulatory And Development Authority (PFRDA) relaxed the norms during the COVID pandemic by allowing withdrawals under NPS through self-declaration.

NPS: How to decide between auto and active choices

Savings

If you have a good enough understanding of various assets, risk-return tradeoffs and have the time to manage your financial asset allocation, then you can opt for active choice. But if you are unable to do so and don’t want to get into asset allocation, rebalancing, etc. every year, then its best to go for the auto choice.

What is NPS prosperity planner and why you should use it

It is an easy-to-use tool of PFRDA that allows investors to calculate the amount they should invest in the NPS in order to accumulate adequate corpus at the time of retirement.

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RBI cautions states against reverting to old pension scheme

personal finance

personal finance

personal finance