The government launched the scheme, entailing monthly minimum assured pension of Rs 3,000 for the entry age group of 18-40 years after attaining the age of 60 years, with effect from July 22, 2019.
Transparency in accounting will boost institutional morale leading to a rise in public trust in the government and the financial system
Ordinarily people derive a lot of comfort from investing into PPF, and rightly so
NPS is government's flagship social security programme
With interest rates of Public Provident Fund and small savings schemes falling, other investment avenues should be explored
PRA annual maintenance charge to be cut Rs 95 from Rs 190 and account opening fee to Rs 40 from Rs 50
NPS, regulated by PFRDA, is still not first choice for the private and corporate sector employees
NPS is the government's flagship social security programme
When central govt staff choose fund manager, they'll need to review NPS portfolio performance
Since there are many and complicated choices, retail investors stand to benefit
Aggressive fund suited for young, savvy investors, who found earlier 50% equity cap restrictive; observers suggest more needs to be done
Both debt and equity can be allocated in different proportions depending on your age and risk profile
Earlier, a subscriber had to contribute at least Rs 6,000 in a financial year (April-March) to keep the Tier-1 account running
Regulator to hold the 15-day campaign from June 27 in all nodal offices under central and state government
The aggressive life cycle fund will allow equity exposure of up to 75%, up from the current limit of 50%