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of <h1>PFRDA Amends 2016 Regulations, Expands National Pension System Access to NRIs Aged 18-60 for Voluntary Enrollment.</h1> The Pension Fund Regulatory and Development Authority (PFRDA) has amended the 2016 Retirement Adviser Regulations to expand the National Pension System (NPS) to Non-Resident Indians (NRIs). This amendment allows Retirement Advisers to provide onboarding and advisory services to NRIs aged 18-60, who can now join the NPS voluntarily. NRIs can open accounts online or through conventional Points-of-Presence. As of March 30, 2017, 2,611 NRIs have subscribed to the NPS, with 1,401 joining in the 2016-17 financial year, as reported by a government official in the Ministry of Finance.
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