Reducing exposure to equities and raising it to debt within NPS could prove disastrous in the long run
Only those who can invest in more liquid instruments and will not need the money before 60 should opt for it
The PFRDA has increased the maximum age limit for joining NPS from 60 to 65 years
Private sector employees can invest up to 75%
The increase in joining age will provide the options to the subscribers who are at the fag-end of the employment
In all, the Pension Fund Regulatory and Development Authority (PFRDA) aims to impart training to as many as 497,185 officers and stakeholders.
With returns of funds diverging in the current active fund management regime of NPS, opt for a fund manager whose performance has been steady over the long term
The raising of the entry age in NPS has opened up an attractive new investment avenue for them
NPS is currently open for people between 18 and 60
Over 90 per cent of subscribers in NPS are government employees. The rest invest to get tax benefits
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In government bond plans, the NPS has returns of about 11 per cent, whereas long and medium term gilt funds category average is 9.9 per cent
Besides getting account information, subscribers cannot do much with the mobile application