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Expect 5-fold jump in NPS fund management fee; slabs to be introduced Currently, there are seven pension fund managers - Aditya Birla Sun Life Pension Management, HDFC Pension Management Company, UTI Retirement Solutions, SBI Pension Funds Private, ICICI Prudential Pension Funds Management, Kotak Mahindra Pension Fund and LIC Pension Fund Representative Image The National Pension System (NPS), under the supervision of pension regulator PFRDA, is growing and improving. Expanding the gambit of the pension fund industry for NPS subscribers, the regulator will soon issue licences to more pension fund managers to manage NPS funds. At the same time, the pension fund management fee is being revised to make the NPS fund management business viable and attract serious players. ....