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PFRDA’s SAARG Panel to Modernise NPS Investments

26 January 20261 min read
BANKING & FINANCEPFRDA’s SAARGPanel toModernise NPSInvestments26 January 2026safalsetu.com

Why in the news

PFRDA formed a top-level expert panel to overhaul how the National Pension System (NPS) invests, in line with global best practice.

Key facts

  • Panel: Committee of Investment Experts for Strategic Asset Allocation and Risk Governance (SAARG).
  • Chair: Narayan Ramachandran, ex-CEO of Morgan Stanley India and Chairman of TeamLease Services Ltd.
  • Members: experts in capital markets, mutual funds and asset management, and securities law.

Mandate

  • Review current NPS investment guidelines and benchmark them against leading pension systems.
  • Fit NPS to India’s evolving capital market ecosystem.
  • Suggest reforms in strategic asset allocation and risk governance.

Objectives

  • Long-term retirement wealth, diversification, stronger risk management, more choices for subscribers.

Exam angle

  • Regulator: PFRDA; scheme: NPS; head: Narayan Ramachandran.

Test yourself

1. Who chairs the SAARG committee set up by PFRDA?

Narayan Ramachandran is the chairperson.

2. SAARG was constituted to modernise the investment framework of which scheme?

SAARG reviews the NPS investment framework.

3. Which regulator constituted the SAARG expert committee?

PFRDA constituted SAARG.

This topic is part of Daily Current Affairs 25 & 26 January 2026 (17 topics).

All topics of the dayDay quizJanuary 2026

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