The PFRDA is giving final touches to the assured return investment plan under the National Pension System (NPS) architecture, while keeping the option open to offer a fixed minimum return or benchmark it to a real-time rate, a top official has said.
The Pension Fund Regulatory and Development Authority is most likely to give the final shape to the product by the end of this month. However, the launching may take another few months, PFRDA Chairperson Supratim Bandyopadhyay said.
