If you want to earn some quick money, here is an opportunity for you! You can become a Pension Fund Regulatory and Development Authority (PFRDA) accredited advisor. Anybody can be a Retirement Adviser who desires to engage in the activity of providing advice on National Pension System or other pension schemes regulated by the authority.

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Anyone can apply through the Online Registration module by visiting the website. Refer to the instructions before initiating registration process. The applicant is also required to upload all the mandatory documents listed in the application form and details while making online application in ‘jpeg’, ‘jpg’ or ‘pdf’ format only.

The applicant is then required to take a print of the following and submit to PFRDA duly self-attested.

-- Application Fee is Rs 500 which is non-Refundable. Fee shall be paid through NEFT only and the details of the transaction must be entered at the time of submitting application.

-- Registration Fee is Rs 1000 which is non-refundable. Fee shall be paid through NEFT.

Qualification: Candidate should at least be a graduate in any discipline and possess a valid certification on retirement planning or retirement advisory services issued by National Institute of Securities Market (NISM).

Earning opportunity for accredited adviser - Retirement Adviser can charge three type of fees for his services:

-- On boarding charges – Rs 200 (Max) on completion of onboarding/registration of subscriber and generation of PRAN.
-- Subsequent transaction charges – Minimum Rs 20 per transaction and maximum Rs 100 per annum.
-- Advisory fee - 0.02 per cent of Asset Under Management (AUM) subject to a minimum of Rs 100 and maximum Rs 1000 per annum.

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The Charges/advisory fee may be revised by the Authority from time to time by issuance of circular / guidelines. Visit website to get the complete information.