The Pension Fund Regulatory and Development Authority (PFRDA) has released a comprehensive consultation paper which aims to present pension wealth accumulation more clearly to subscribers while ensuring long-term financial stability and economic relevance.
The consultation paper is titled 'Alignment of Valuation Guidelines with the core objectives of Long-only Funds when investing in Government Securities and calculation of Net Asset Value (NAV)'.
The framework proposed is part of PFRDA’s ongoing commitment towards improving governance, protecting subscriber interests and contributing to India’s broader financial and infrastructural growth, PFRDA said in a statement on Tuesday (October 21).
Also Read: PFRDA allows physical submission for NPS–UPS switch till September 30
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