Interview: Equity exposure for govt, non-govt employees should be uniform, says PFRDA chairman Hemant Contractor

Hemant Contractor said, "The private sector has grown very well. The All Citizens Scheme has grown by almost 100 per cent. The Atal Pension Scheme has also grown by 100 per cent. We have 60 lakh subscribers in Atal schemes. These schemes are doing well."

Tax sops lure 1.3 lakh subscribers to National Pension System in FY16

Since its launch in July 2015, Atal Pension Yojana has 20 lakh subscribers


Mis-selling of financial products: A safety net in the works

A government-appointed panel has suggested full disclosure of risks in an easy language, nominal surrender costs for products and flexible exit options.

PFRDA seeks govt opinion on MF regulation, insurance products

Pension products of insurance firms are now regulated by IRDA.

Centre outlines steps to make PSB management more customer-friendly

While a leading insurance company had lost significant market share recently, PSU banks are under pressure from poor performance and rising bad loans.

Financial Redress Agency: FinMin working on 1st independent forum for grievance redressal

The 10-member committee would review international best practices in consumer grievance redressal for financial sector.


National Pension System: Investments in PE, VC funds, 75% in equity in the works

Pension regulator examining recommendations of Bajpai panel that calls for greater flexibility to NPS.

Atal Pension Yojana may not be enough, plan for your retirement

The earlier you start the better it is as you will need to save less to garner the necessary amount.

Under Atal Pension Yojana, govt to guarantee up to Rs5,000 cover

Centre to allow members to migrate from NPS Swavalamban to the new scheme.

NPS: Govt staffers may go for higher equity exposure

PFRDA plans to provide several investment options.