Finance
Mr. BillionhairPFRDA Lets Banks Take Charge of Your Pension Funds, Big League
Folks, the PFRDA just made a HUGE move! Banks can now manage your pension funds! No more boring rules—only the BEST banks allowed! They’re bringing in new trustees to SHAKE THINGS UP! Retirement security is getting a TREMENDOUS makeover, folks. I told you it would be AMAZING! Get ready for the BEST pension plans ever!
few days ago | Harsh Kumar
Quick rundown
1.Banks can now sponsor pension funds independently.
2.New trustees appointed to the NPS Trust board.
3.Revised investment management fee structure announced.
4.Reforms aim to enhance competition in the pension sector.
5.Changes expected to improve retirement outcomes in India.
