PFRDA sets up SAARG committee to review NPS investment guidelines
PFRDA constituted the Committee for Strategic Asset Allocation and Risk Governance (SAARG), chaired by Narayan Ramachandran, to modernise the NPS investment framework.
Summary
The Pension Fund Regulatory and Development Authority has constituted a committee of investment experts for Strategic Asset Allocation and Risk Governance (SAARG) to review, recommend and modernise the investment framework under the National Pension System. It will benchmark NPS investment guidelines against leading global pension systems and examine asset allocation, new asset classes, performance measurement, valuation of alternative investments, liquidity, governance and sustainability. The committee is chaired by Narayan Ramachandran, former Country Head and CEO of Morgan Stanley India and currently Chairman of TeamLease Services.
Key facts
- Committee
- Strategic Asset Allocation and Risk Governance (SAARG)
- Constituted by
- PFRDA
- Chair
- Narayan Ramachandran, ex-CEO Morgan Stanley India; Chairman, TeamLease Services
- Task
- Comprehensive review of NPS investment guidelines
- Benchmark
- Leading global pension systems
Practice MCQs 2 questions
The SAARG committee constituted by PFRDA in January 2026 is chaired by:
Show answer
Correct answer: A — Narayan Ramachandran
PIB (Finance): SAARG is chaired by Narayan Ramachandran, former Country Head and CEO of Morgan Stanley India.
In PFRDA's SAARG committee, what does 'SAARG' stand for?
Show answer
Correct answer: D — Strategic Asset Allocation and Risk Governance
PIB: PFRDA constituted a committee of investment experts for Strategic Asset Allocation and Risk Governance (SAARG).