PFRDA conducts workshop on National Pension System (NPS) for Corporates in coordination with FICCI at Ahmedabad; Overall number of NPS and APY subscribers have crossed 1.60 crores with overall Asset under Management (AUM) of more than 1,87,000 crores https://www.taxtmi.com/news?id=18157 PFRDA promoted the National Pension System to corporates, detailing implementation, tax treatment, onboarding, POP roles, annuity and transfer procedures, and reported strong subscription and AUM figures. Regulatory measures introduced include transferability of superannuation and recognised provident funds to NPS; two permitted changes to investment choice per year; acceptance of online account opening with e signing in place of physical forms; a new Alternative Investment Fund asset class "A"; two lifecycle funds (LC 75 and LC 25); and a reduced Tier I minimum annual contribution requirement. en-us Sat, 10 Jun 2017 09:42:37 +0530 Sat, 10 Jun 2017 09:42:37 +0530 TaxTMI RSS Generator PFRDA conducts workshop on National Pension System (NPS) for Corporates in coordination with FICCI at Ahmedabad; Overall number of NPS and APY subscribers have crossed 1.60 crores with overall Asset under Management (AUM) of more than 1,87,000 crores https://www.taxtmi.com/news?id=18157 PFRDA promoted the National Pension System to corporates, detailing implementation, tax treatment, onboarding, POP roles, annuity and transfer procedures, and reported strong subscription and AUM figures. Regulatory measures introduced include transferability of superannuation and recognised provident funds to NPS; two permitted changes to investment choice per year; acceptance of online account opening with e signing in place of physical forms; a new Alternative Investment Fund asset class "A"; two lifecycle funds (LC 75 and LC 25); and a reduced Tier I minimum annual contribution requirement. News - Sat, 10 Jun 2017 09:42:37 +0530 https://www.taxtmi.com/news?id=18157