The Economic Times

Pension bodys big move for NPS: PFRDA sets up panel to attract global pension funds; how NPS subscribers can benefit

PFRDA has formed a committee to attract global pension capital into India. This committee, named ASCEND, will create a roadmap for collaborations. Indian pension funds will partner with global funds through co-investment platforms. This initiative aims to finance infrastructure and support economic development. NPS subscribers will benefit from diversification and long-term risk-adjusted returns.