Is NPS Good Investment for Senior Citizens?

I have been asked by many senior citizens and people close to their retirement (aged 55 years or more) if they should invest in NPS (National Pension Scheme)? Before November 2017, the maximum age to open NPS account was 60 years and hence senior citizens could not invest. However, PFRDA changed this and has increased […]

Maturity, Partial Withdrawal & Early Exit Rules

The government wants NPS (National Pension Scheme) to be the preferred investment vehicle for pension planning for majority of its citizens. Unfortunately as it happens with most of Government plans, NPS too has flaws which are holding investors back. To encourage investment in NPS, PFRDA (Pension Fund Regulatory and Development Authority) which regulates it┬áhave made […]