Questions to ask your New Pension Scheme advisor
Investors should quiz them to understand the product, which options to invest in, and how to get the final payout
While investors have had the option of taking the help of distributors of various financial products such as mutual funds and fixed-income instruments, there was no support system they could fall back on while investing in the National Pension System (NPS). Until now, they went directly to a service provider and completed the investment formalities themselves.
This is set to change, with the sector regulator having notified the rules on retirement advisors. Investors will have a set of intermediaries to assist them. However, the final responsibility will still rest with investors to ask their ...
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First Published: Sat, July 23 2016. 22:26 IST