NPS to offer 8.6% assured return option

Dec 27

NPS to offer 8.6% assured return option

The government has secured the support of BJP on the bill to reform the pension sector by agreeing to the main opposition’s demand that the scheme offer a minimum assured return and foreign investment be capped at 26%. The new pension scheme (NPS) will offer an option for an assured return of 8.6% for investments in government bonds, while subscribers willing to take a higher degree of risk can look at other choices, where their contributions are invested in a mix of private and government placements.
http://economictimes.indiatimes.com/personal-finance/savings-centre/savings-news/pension-scheme-to-offer-8-6-assured-return-option/articleshow/11175569.cms

 

 

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