Srinagar, May 12, 2016: HDFC Securities Limited, has won top honours for its contribution to National Pension Scheme from The Pension Fund Regulatory and Development Authority. It has bagged three awards including the Best Point of Presence in the Retail Category.
The awards are: Best Point of Presence – Retail (All Citizen), Best Point of Presence – Corporate Subscribers, Best Point of Presence in the Private Sector.
Over 60 entities including public and private sector banks, in addition to brokerages were selected as Points of Presence – distribution channels for the central government’s social security product, National Pension Scheme.
At a conference organized in Delhi, Mr.Hemant Contractor, Chairman, Pension Fund Regulatory and Development Authority presented the awards to Mr.C. V. Ganesh, COO, HDFC Securities Limited.
National Pension System (NPS) is a retirement savings scheme introduced by the Government of India and regulated by the Pension Fund Regulatory and Development Authority (PFRDA). Approximately 90 per cent of India’s population works in the unorganized sector and this scheme is aimed at providing social security to them, by motivating to start saving for their retirement.
The awards are a recognition of HDFC Securities’ contribution in promoting, creating awareness and thus increasing the enrolment in the Government of India’s Social Security initiative for people working in the unorganized sector.HDFC Securities spearheaded the initiative by making the account opening process digital, training its staff at 257 locations, and offering a chat service and helpdesk to address customer queries.
2015 Kashmir Despatch