PFRDA issues circular on expanded guidelines on reinvestment of returned, pending transaction amounts into PRANs
New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has issued circular on expanded guidelines on reinvestment of returned, pending transaction amounts into PRANs. PFRDA’s previous circular in 2023 allowed the reinvestment of returned amounts into the same PRAN, based on the investment choice and pension fund allocation prevailing at the time of exit….