{"id":84298,"date":"2026-01-27T14:02:26","date_gmt":"2026-01-27T08:32:26","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=84298"},"modified":"2026-01-27T15:16:37","modified_gmt":"2026-01-27T09:46:37","slug":"strategic-asset-allocation-and-risk-governance-saarg-committee","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/strategic-asset-allocation-and-risk-governance-saarg-committee\/","title":{"rendered":"Strategic Asset Allocation and Risk Governance (SAARG) Committee"},"content":{"rendered":"<h2><b>Strategic Asset Allocation and Risk Governance (SAARG) Committee Latest News<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The PFRDA recently constituted a committee of Investment Experts for Strategic Asset Allocation and Risk Governance (SAARG) to review, recommend and modernize the investment framework under the NPS.<\/span><\/p>\n<h2><b>About Strategic Asset Allocation and Risk Governance (SAARG) Committee<\/b><\/h2>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It is a high-level committee of <\/span><b>investment experts<\/b><span style=\"font-weight: 400;\"> to <\/span><b>review, recommend, and modernis<\/b><span style=\"font-weight: 400;\">e the<\/span><b> investment framework under the National Pension System (NPS).<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It was <\/span><b>constituted by the Pension Fund Regulatory and Development Authority (<a href=\"https:\/\/vajiramandravi.com\/current-affairs\/pfrda\/\" target=\"_blank\">PFRDA<\/a>).<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Objective<\/b><span style=\"font-weight: 400;\">: <\/span><b>Strengthening <\/b><span style=\"font-weight: 400;\">the <\/span><b>long-term investment architecture of NPS<\/b><span style=\"font-weight: 400;\"> by <\/span><b>improving diversification<\/b><span style=\"font-weight: 400;\">, <\/span><b>enhancing risk management practices,<\/b><span style=\"font-weight: 400;\"> and <\/span><b>expanding investment choices <\/b><span style=\"font-weight: 400;\">available to subscribers.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">SAARG has been tasked with undertaking a comprehensive<\/span><b> review of existing NPS <\/b><span style=\"font-weight: 400;\">investment <\/span><b>guidelines for both government and non-government sectors.\u00a0<\/b>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The review will include benchmarking India\u2019s pension investment framework with leading global pension systems as well as the evolving domestic investment ecosystem.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The committee will <\/span><b>examine <\/b><span style=\"font-weight: 400;\">a wide <\/span><b>range of issues, i<\/b><span style=\"font-weight: 400;\">ncluding <\/span><b>strategic asset allocation<\/b><span style=\"font-weight: 400;\"> frameworks, introduction and <\/span><b>review of asset classes,<\/b><span style=\"font-weight: 400;\"> performance measurement systems, <\/span><b>accountability mechanisms<\/b><span style=\"font-weight: 400;\">, <\/span><b>asset-liability management (ALM) practices<\/b><span style=\"font-weight: 400;\">, valuation standards for alternative investments, portfolio stability and liquidity optimisation.\u00a0<\/span>\n<ul>\n<li style=\"text-align: justify;\"><b>Governance structures<\/b><span style=\"font-weight: 400;\">, intermediary architecture, and integration of sustainability considerations into investment decision-making will also fall within its scope.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The <\/span><b>nine-member<\/b><span style=\"font-weight: 400;\"> committee will be <\/span><b>chaired by Shri Narayan Ramachandran<\/b><span style=\"font-weight: 400;\">, former Country Head and CEO of Morgan Stanley India, and comprises eminent experts from the fields of capital markets, asset management and securities law.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The committee shall have a time of<\/span><b> 9 months to examine and submit its report<\/b><span style=\"font-weight: 400;\"> to PFRDA with its recommendations. <\/span><\/li>\n<\/ul>\n<p><b>Source:<\/b> <strong><a href=\"https:\/\/www.cnbctv18.com\/personal-finance\/pfrda-constitutes-saarg-committee-to-review-and-modernise-nps-investment-framework-ws-l-19830036.htm\" target=\"_blank\" rel=\"nofollow noopener\">CNBC<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strategic Asset Allocation and Risk Governance (SAARG) Committee is a high-level committee of investment experts to review, recommend, and modernise the investment framework under the National Pension System (NPS). Read more about Strategic Asset Allocation and Risk Governance (SAARG) Committee, Latest News.<\/p>\n","protected":false},"author":23,"featured_media":84377,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[21,4966,22,23],"class_list":{"0":"post-84298","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-prelims-pointers","9":"tag-strategic-asset-allocation-and-risk-governance-saarg-committee","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/84298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=84298"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/84298\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/84377"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=84298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=84298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=84298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}