NPS to Offer Higher Returns, Lower Risk: PFRDA Forms Expert Committee

• PFRDA has formed a 9-member expert committee for Strategic Asset Allocation and Risk Management (SAARG) to enhance NPS returns and reduce risk.
• The committee, chaired by Narayan Ramachandran (former Morgan Stanley India CEO), will review existing NPS investment guidelines.
• Its objective is to strengthen NPS investment structure for long-term retirement wealth creation, diversification, and improved risk management.
• Prominent members include Ananth Narayan (former SEBI member) and Raamdeo Agrawal (Motilal Oswal co-founder).
• The committee has 9 months to submit its recommendations to PFRDA, aiming to modernize the investment framework.

Why It Matters: PFRDA has established an expert committee to boost NPS returns and minimize risk for millions of investors.