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The Ministry of Finance has announced the establishment of a dedicated Forum for Regulatory Coordination and Development of Pension Products to streamline pension regulations, strengthen consumer protection and promote market growth. The decision, notified on August 25, 2025, follows consultations
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The forum is established to streamline pension regulations, strengthen consumer protection, and promote market growth by harmonising regulatory practices and aligning investment standards.
The Forum will be chaired by the Secretary of the Department of Financial Services (DFS), Ministry of Finance.
Members include senior officials from the Department of Economic Affairs, Ministry of Corporate Affairs, Ministry of Labour & Employment, Ministry of Coal, Department of Revenue, RBI, SEBI, PFRDA, IRDAI, IFSCA, and EPFO.
Key responsibilities include ensuring regulatory consistency, facilitating pension product portability, strengthening consumer protection, driving product innovation, and raising subscriber awareness.
The decision was notified on August 25, 2025.
This move is expected to create a more secure and efficient pension ecosystem, empowering subscribers and encouraging sustainable growth in India's pension market.
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