Here is a money earning opportunity that no one should ignore. If you have an interest in personal finance matters and want to encash your knowledge, an accredited advisor with the pension fund regulatory could be your calling. Anybody can become a Pension Fund Regulatory and Development Authority (PFRDA) accredited Retirement Adviser.

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The accredited advisor can earn a handsome amount through this method.

How to become PFRDA accredited Retirement Adviser?

The desirous person 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.

After filling the form online, the applicant is required to take a duly self-attested print of the following and submit to PFRDA: 

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: The applicant 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).

See the earning opportunity for accredited adviser here:

Retirement Adviser can charge three type of fees for his services:

1) On boarding charges – Rs 200 (Max) on completion of onboarding/registration of subscriber and generation of PRAN.

2) Subsequent transaction charges – Minimum Rs 20 per transaction and maximum Rs 100 per annum.

3) 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.