National Pension Scheme (NPS)
Tax-Free Pension
Government Regulated
Lack of Volatility
The National Pension Scheme is a social security initiative by the Central Government. This pension programme is open to employees from the public, private and even the unorganised sectors except those from the armed forces.
The NPS is a good scheme for anyone who wants to plan for their retirement early on and has a low-risk appetite. A regular pension (income) in your retirement years will no doubt be a boon, especially for those individuals who retire from private-sector jobs.
This scheme has been in effect for over a decade, and so far has delivered 8% to 10% annualized returns. In NPS, you are also allowed the option to change your fund manager if you are not happy with the performance of the fund.
As a pension scheme, it is important for you to continue investing until the age of 60. However, if you have been investing for at least three years, you may withdraw up to 25% for certain purposes.
Why SFINVERSE For
NPS
Pioneering
We will be assiduous, and resolute in taking on challenges, using deep customer insight to develop innovative financial solutions for them.
Integrity
We will be fair, honest, transparent and ethical in our conduct; everything we do must stand with the fiduciary.
Excellence
We will be passionate about achieving the highest standards of services, always promoting a client-centric approach.
Unity
We will invest in our people and partners, enable continuous learning, and build caring and collaborative relationships based on trust and mutual respect.
Responsibility
We will harmonize environmental and social principles in our businesses, ensuring that what comes from the people goes back to the people many times over.
