New Delhi, Oct. 10 -- The combined assets under management (AUM) of the National Pension System (NPS) and Atal Pension Yojana (APY) have crossed the Rs 16 lakh crore mark today, an official statement said.

It marks an important milestone in India's Pension journey as the subscriber base has also widened to surpass 9 crores.

Pension Fund Regulatory and Development Authority (PFRDA) has introduced key initiatives to strengthen NPS and widen Pension Inclusion.

Published by HT Digital Content Services with permission from United News of India....