New Pension Scheme: Emerging Opportunity for Agents?
Category: DevelopmentsOver one year after it was launched, the New Pension Scheme (NPS) for citizens has not succeeded and the main reasons identified are lack of publicity and the absence of a selling network.
The new Chairman of Pension Fund Regulatory and Development Authority (PFRDA), Mr Yogesh Agarwal says, “An immediate task before the PFRDA is to expand the distribution network of the NPS so that it is available within the easy reach of all citizens.” Does this mean that insurance agents may have an additional opportunity coming their way? K Nitya Kalyani explores.
