ICICI Pension Fund Management Limited

  New job. New designation. Same retirement account. Changing jobs can mean a new organisation, a new role and perhaps even a new city. But does it mean starting your retirement savings from scratch? Not necessarily. One of the important features of NPS is its portability. PFRDA states that an NPS account is portable across employment types and geographical locations, allowing continuity in retirement savings.

  Imagine you’re ordering coffee. You could walk up to the counter and say, “I’ll decide exactly how much sugar, milk and coffee I want.” Or you could simply pick your favourite preset and let the barista handle the proportions. Investing for retirement can work in a somewhat similar way. When you invest through the National Pension System (NPS) , you get two broad investment approaches to choose from: Active Choice and Auto Choice. The choice of investment approach is one of the key features of NPS. But which one is right for you? The answer depends less on what is “better” and more on how involved you want to be with your investment allocation.