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The NPS industry has recently started their trade body - the Association of NPS Intermediaries (ANI).
Dr. Deepak Mohanty, Chairperson, PFRDA, with M Nagaraju, Secretary - Department of Financial Services, Ministry of Finance, formally inaugurated the ANI.
The primary objectives of the association are:
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Promoting NPS as a reliable, flexible, and tax-efficient retirement product
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Focusing on subscriber welfare by ensuring smooth and transparent processes within the system
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Collaborating with regulators and policymakers to improve the NPS framework and contribute to developing the pension market in India.