For the convivence of subscribers, National Pension Scheme or NPS has increased the number of times scheme preference or investment pattern of the Tier 1 accounts can be changed in a financial year. Schemes can now be changed four times in a financial year, as compared to two earlier. But PFM or pension fund manager can be changed once in a financial year.
India: Life market expected to grow by 15% in next 3-5 years
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