{
  "id": 10658105,
  "title": "PFRDA to see your risk appetite before NPS choice",
  "url": "https://urgent.news/2026/09/29/pfrda-to-see-your-risk-appetite-before-nps-choice",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-29T08:59:26.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/news/india/how-much-risk-can-you-take-pension-regulator-plans-to-ask-before-you-choose-an-nps-scheme/articleshow/134561252.cms"
  },
  "original_language": "en",
  "account": "The Pension Fund Regulatory and Development Authority (PFRDA) is set to implement a suitability platform for National Pension System (NPS) subscribers. This new platform aims to evaluate the risk appetite of individuals before they select a pension scheme, as reported by The Times of India. The platform will be integrated into NPS interfaces across various entities, including pension funds, Central Recordkeeping Agencies (CRAs), and the NPS Trust, according to PFRDA chairman S Ramann. Ramann emphasized the importance of determining risk appetite for subscribers, stating that while the final choice of scheme remains the individual's decision, the new platform will assess their risk profile more effectively.\n\nRamann also mentioned lifecycle products as a potential solution to enhance suitability. Currently, NPS provides four lifecycle variants, each with varying asset allocations that automatically adjust as subscribers age. Speaking at the launch of the NPS Preference Index Study 2026 by HDFC Pension, Ramann highlighted the evolving retirement landscape in India, citing an average life expectancy of 78 years and a decreasing average family size to 4.4 members, as reported by TOI. Despite these changes, pension coverage remains limited to 17-18% of the population. The study by HDFC Pension Fund Management revealed that the share of individuals actively considering NPS for retirement has increased to 59% from 53% in 2023. Additionally, emergency savings have become a more prominent savings priority, surpassing children's education in terms of importance.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}