Skip to content
Free updates Login
SSCBankingNABARD / RBI

PFRDA clears PPFAS AMC as an NPS pension fund sponsor

11 April 20261 min read
BANKING & FINANCEPFRDA clearsPPFAS AMC as anNPS pension fundsponsor11 April 2026safalsetu.com

Why in the news

The pension regulator opened the NPS to one more fund sponsor by approving PPFAS AMC, which will set up a new pension entity.

Key facts

  • Regulator: Pension Fund Regulatory and Development Authority (PFRDA).
  • Approved sponsor: PPFAS AMC, for the National Pension System.
  • Investment mix: equities, government securities and corporate bonds.
  • Benefit: stronger long-term retirement planning and better investor protection.

Exam angle

  • Regulator for pensions: PFRDA.
  • Scheme involved: NPS.
  • Likely question: which AMC received approval as a pension fund sponsor (PPFAS AMC).

Test yourself

1. Which body approved PPFAS AMC as an NPS pension fund sponsor?

The Pension Fund Regulatory and Development Authority gave approval.

2. Which AMC was approved as a pension fund sponsor under NPS?

PPFAS AMC was the approved sponsor.

3. Which instruments will the new pension entity invest in, as per the notes?

The entity will manage equities, government securities and corporate bonds.

This topic is part of Daily Current Affairs 11 April 2026 (10 topics).

All topics of the dayDay quizApril 2026

Read more