Amendment to PFRDA (Preparation of Financial Statements and Auditor’s Report of schemes under National Pension System) Guidelines-2012
Pension Fund Regulatory
& Development Authority
1st Floor, ICADR Building,
Plot No. 6, Vasant Kunj
Institutional Area, Phase – II,
New Delhi – 110070
Tel : 011-26897948/26897949
Fax : 011-26897938
CIRCULAR
PFRDA/2015/01/PFM/01
Date: 05 Jan. 2015
All Pension Fund Managers,
CRA
Custodian Trustee bank NPS Trust Auditors
Subject: Amendment to PFRDA (Preparation of Financial Statements and Auditor’s Report of schemes under National Pension System) Guidelines-2012
The Clause 6 of the PFRDA (Preparation of Financial Statements and Auditor’s Report of schemes under National Pension System) Guidelines-2012 has been amended to –
‘Every PF shall have the financial statements of scheme audited by an external auditor who is not in any way associated with the audit of the PF or sponsor of the concerned PF or any other PF or schemes of any other PF. Scheme auditor will be appointed by the NPS Trust and audit fee will be paid by Pension Funds after obtaining approvals for payments from NPS Trust
Sumeet Kaur Kapoor
(General Manager)
Source: http://www.pfrda.org.in/