PFRDA notifies amendments to Retirement Adviser (RA) regulations for Good Governance and ease of compliance

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....FRDA notifies amendments to Retirement Adviser (RA) regulations for Good Governance and ease of compliance <br>News and Press Release<br>Dated:- 27-2-2024<br><BR>The Pension Fund Regulatory and Develo....

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....pment Authority (PFRDA) has notified the Retirement Adviser (RA) (Amendment) Regulations, 2023 on 20.02.2024. The amendments to Retirement Adviser Regulations simplify the provisions related to eligi....

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....bility criteria, timelines to expedite the process of registration and removal of the requirement of submission of security deposits with an objective of Ease of Doing Business. The notable amendment....

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....s inter alia include: * Non-Individual applicants regulated by other financial regulators are made eligible; * Security deposit is not required; * Applications to be disposed of within 30 days. ....

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.... For detailed information on the amended regulations, please visit the PFRDA website: Retirement Adviser: https://www.pfrda.org.in/myauth/admin/showimg.cshtml?ID=2916 The above simplifications are i....

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....n line with Union Budget 2023-24 announcement to review regulations to reduce the cost of compliance and enhance the Ease of Doing Business.<BR> News - Press release - PIB....