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Home/Business/Banking/PPFAS to Launch Pension Fund Under NPS

PPFAS to Launch Pension Fund Under NPS

Banking
By ThePip Desk•
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A close-up shot of miniature people on a growing stack of coins labeled "NPS Pension Fund" on a desk.

Miniature figures on stacked coins representing a pension fund, with a laptop and documents in the background.

Key Highlights

PPFAS Asset Management approved to launch a pension fund under NPS. Manage retirement savings with tax benefits and long-term growth potential.

PPFAS Asset Management has secured approval from the Pension Fund Regulatory and Development Authority (PFRDA) to launch a pension fund under the National Pension System (NPS).

This development will enable PPFAS Asset Management to manage retirement savings through a dedicated pension fund.

By leveraging the tax benefits and long-term growth potential inherent in the NPS framework, PPFAS aims to provide robust retirement solutions to its clients.

NPSPFRDAPPFAS Asset Management