PFRDA has launched NPS Swasthya, a pilot scheme designed to help subscribers earmark money for healthcare while still planning for retirement. Users can contribute any amount, withdraw up to 25% specifically for medical needs, and exit fully for critical treatments. The model aims to blend pension discipline with timely access to healthcare funds.
PPFAS Asset Management has received approval from the Pension Fund Regulatory and Development Authority (PFRDA) to become a sponsor for a pension fund under India’s National Pension System (NPS). The move potentially expands the set of players managing NPS pension funds, strengthening options for subscribers while bringing PPFAS into the regulated pension ecosystem.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
