With the pension sector expected to open up soon, the Pension Fund Regulatory and Development Authority (PFRDA) is gearing up to educate potential subscribers about the need for retirement planning by developing a customer awareness programme. “We are appointing an expert committee to draw up a blueprint for financial literacy,” Meena Chaturvedi, executive director PFRDA said at the Financial Planning Congress on Tuesday. The PFRDA hopes to roll it out in the next six months, she added.
The programme would work at two levels - first, to increase awareness about the New Pension Scheme (NPS) and to expand its subscriber base; and also to educate customers about various pension products being offered by the pension fund managers.
The programme would work at two levels - first, to increase awareness about the New Pension Scheme (NPS) and to expand its subscriber base; and also to educate customers about various pension products being offered by the pension fund managers.
Source: The Financial Express
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