News From Press Annuity product. Shriram Life gets PFRDA nod to be an Annuity Service Provider

Annuity product. Shriram Life gets PFRDA nod to be an Annuity Service Provider

Sorce: The Hindu Business Line Nov 17, 2022

Shriram Life Insurance Company (SLIC), a private life insurer, has been empanelled as an Annuity Service Provider (ASP) by the Pension Fund Regulatory Development Authority (PFRDA).

The empanelment will help the insurer manage the annuity component of the maturity proceeds under the National Pension System (NPS).

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