Individuals receive tax relief on their pension contributions, usually at least 20%, and up to the highest rate of income tax ...

The Retirement Income Scheme (RIS) and the drawdown options under NPS is aimed at providing subscribers greater flexibility ...

PFRDA’s latest NPS rules bring flexible retirement income options, systematic payouts, and phased withdrawals up to age 85. Check key changes explained. The Pension Fund Regulatory and Development ...

The Pension Fund Regulatory and Development Authority has launched new Retirement Income Schemes and drawdown options for ...

Since the introduction of the pension freedom rules in 2015, the popularity of drawdown for generating a flexible retirement income has rocketed amid a secular decline in annuity rates. As defined ...

RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and ...

PFRDA has unveiled a major overhaul of NPS retirement payouts by introducing Retirement Income Schemes (RIS) and flexible ...

Retailer Marks & Spencer is exploring offering drawdown to its defined contribution scheme members, as the industry readies itself for April's retirement flexibilities in a tough market for annuities.