NPS as Hedge Fund?

The new PFRDA chairman’s initial thoughts to reform NPS: make fund managers compete on fees and performance!

Yogesh Agarwal, the new regulator of the Pension Fund Regulatory and Development Authority (PFRDA), is keen to make the New Pension Scheme (NPS) work. NPS has not taken off so far because the Scheme is not publicised; nor is there any incentive for the intermediaries to sell.

Mr Agarwal,...

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