Archive · 26 Jan 2026
PFRDA Forms SAARG Committee to Modernize NPS Investment Framework
The Pension Fund Regulatory and Development Authority (PFRDA) in India has created a special team called SAARG.
This team will look at how the National Pension System (NPS) invests money.
They want to make sure the NPS is strong and can grow money for people's retirement.
The team will check different ways to invest, manage risks, and make sure the investments are good for the environment.
They have nine months to give their ideas to PFRDA.
The team includes experts from different areas like money markets and laws.
The goal is to make NPS better for everyone using it.
PFRDA has formed the SAARG committee to review and modernize the NPS investment framework.
The committee will examine strategic asset allocation, asset classes, performance measurement, risk management, and other key areas.
The review aims to strengthen the investment structure for long-term retirement wealth creation and improve diversification.
The committee is chaired by Narayan Ramachandran and includes experts from capital markets, asset management, and regulatory bodies.
The committee has nine months to complete its review and submit recommendations to PFRDA.
- Who
- Pension Fund Regulatory and Development Authority (PFRDA)
- What
- Formed a high-level committee (SAARG) to review and modernize the investment framework of the National Pension System (NPS)
- When
- Timeline for recommendations: Nine months
- Where
- India
- Why
- To strengthen the investment structure of NPS for long-term retirement wealth creation, improve diversification, enhance risk management, and offer more choice to subscribers
- Committee Name
- Strategic Asset Allocation and Risk Governance (SAARG)
- Purpose
- Review and modernize NPS investment framework
- Chairperson
- Narayan Ramachandran
- Key Areas of Review
- Strategic asset allocation, asset classes, performance measurement, risk management, valuation standards, portfolio stability, governance, sustainability, and climate-related risks
- Committee Members
- Experts from capital markets, asset management, regulatory bodies, and securities law
- Timeline
- Nine months to submit recommendations
- Objective
- Strengthen investment structure for long-term retirement wealth creation, improve diversification, enhance risk management, and offer more choice to subscribers
