Finance
EnglishNPS Vatsalya: Data Sharing for Smarter Savings Ahead!
The NPS Vatsalya is shaking things up by allowing pension funds to share subscriber data! This means they can create tailored strategies, including a wild 100% equity option. The goal? To help parents boost their kids' long-term savings while keeping privacy in check. It's a game changer for how we think about investing for the future!
few days ago | Amit Kumar
Quick rundown
1.NPS Vatsalya funds can now access structured subscriber data.
2.Pension funds may allocate up to 100% in equity for minors.
3.Data sharing aims to enhance engagement-driven pension models.
4.Privacy guardrails include compliance with data protection acts.
5.Higher equity exposure can enhance long-term compounding.
