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PFRDA's NPS Rule Change: Pension Funds Now Liable for Third-Party Lapses
PFRDA's new NPS regulations hold pension funds accountable for third-party lapses. This rule aims to enhance subscriber service accountability while introducing a Regulatory Sandbox to foster innovation and protect investors. The changes are designed to ensure better management of pension funds and improve overall investor confidence.
βοΈ AI Verdict
"Looks like pension funds have to step up their game!"
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File ID: #267859Original Source: LiveMint Money β
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