Alankit Assignments Limited (Alankit) has announced a new activity of Point of Presence (POP) to provide services to the subscribers of New Pension System (NPS) launched by Pension Fund Regulatory Development Authority (PFRDA).

The New Pension System reflects the government's effort to find sustainable solutions to the problem of providing adequate retirement income.

The NPS, being the lowest cost option amongst all pension schemes available in the market, offers the following salient features: open to all citizens aged between 18-60 years, pension available from the age of 60 years, attractive investment schemes to choose, professional record-keeping and fund management, transparent fee based system, withdrawal facility under Tier II account and no entry and exit loads.

Alankit is already providing services to millions of its customers like online trading in equity, future and option segments, commodities, currency derivatives, interest rate futures, portfolio management, depository participant, registrar and share transfer agent.

Alankit Group is a conglomerate of 12 Group companies with a motto "Health and Wealth - We Manage Both".

Group activities are diversified into financial services, wealth management, e-governance, healthcare, insurance, business process outsourcing (BPO) and value added services. (ANI)