Indian government boost the NPS ( New Pension Scheme ). Because of that PFRDA (Pension Fund Regulatory and Development Authority). has set up an expert panel. The committee chaired by former SEBI Chairman Mr. G.N. Bajpai.
According to the expert panel recommendations, there will be a charge of 0.5% on each and every transaction instead of flat fee Rs. 20 paid by individual volunteer members at now.
Important recommendations of expert panel.
* Lower central record keeping charges
* Higher commission and fund management charges
* Allowing mobile companies and other private players to distribute the product.
Good, Recommendations. We welcome it.
According to the expert panel recommendations, there will be a charge of 0.5% on each and every transaction instead of flat fee Rs. 20 paid by individual volunteer members at now.
Important recommendations of expert panel.
* Lower central record keeping charges
* Higher commission and fund management charges
* Allowing mobile companies and other private players to distribute the product.
Good, Recommendations. We welcome it.
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