NISM Series XVII: Retirement Adviser Certification Examination Notes

Page 38 Of 110

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  • NPS Constituents: Includes NPS Trust, CRA, Pension Funds, Trustee Bank, POPs, and ASPs.
  • Tier I Account: Mandatory retirement savings account with restricted withdrawals.
  • Tier II Account: Voluntary savings account with flexible withdrawals.
  • Atal Pension Yojana (APY): Targets unorganized sector workers with guaranteed pensions.
  • Investment Choices: Subscribers can choose Active or Auto Choice for fund allocation.

NISM 17 Retirement Adviser

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