New NPS withdrawal rules come into effect today: All you need to know
The new rules for withdrawal from the NPS will make annuity payments faster and simpler for subscribers exiting the NPS
Source: livemint.com
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National Pension Scheme: Improved timelines, e-nomination process, other updates all investors should note
National Pension Scheme: As per the new rule, the timeline for execution of withdrawal requests under the NPS account has been reduced to T+2 from a T+4 basis.
Source: businesstoday.in
National Pension Scheme: Subscribers joining NPS after 65 can invest up to 50% of funds in equities
However, for subscribers joining the retirement plan beyond the age of 65 years, the maximum equity exposure will be capped at 15% to invest under the default 'Auto Choice' option.
Source: india.com