PFRDA requires independent NPS PoPs audits from April 1 2026
Starting April 1, 2026, the Pension Fund Regulatory and Development Authority (PFRDA) is making independent audits a must for Points of Presence (PoPs) offering National Pension System (NPS) services.
The idea is to keep things transparent and safe: audits by outside accountants will check if PoPs are following rules around customer verification, money management, handling complaints, and keeping records up to standard.
PoP audits tiered by subscriber counts
It depends on how many people each PoP serves.
If a provider has 10,000 or more subscribers, they'll get audited every year; fewer than that means an audit every three years.
Really small PoPs with under 100 accounts don't have to worry about this until they grow bigger. Then they'll need to catch up on compliance.
Audits will also look at key operations like onboarding new users, processing contributions, fund transfers, cybersecurity checks, and making sure unresolved funds aren't left hanging for years.