Aditya Birla Sun Life Pension Management Limited ("ABSLPML") (formerly known as Birla Sun Life Pension Management Ltd.) was incorporated in 2015.
ABSLPML is a wholly owned part of Aditya Birla Sun Life Insurance Company Limited (ABSLI) – the life insurance subsidiary of Aditya Birla Capital Ltd (ABCL).
ABSLPML is registered with the Pension Fund Regulatory and Development Authority ("PFRDA") to act as a:
- Pension Fund Manager (PFM) of the NPS Trust, for managing the pension funds under the National Pension System ("NPS"), in accordance with the applicable provisions and guidelines issued by PFRDA. ABSLPML commenced operations as a PFM on May 5, 2017.
- Point of Presence (PoP) for the distribution and servicing of the public at large, through physical as well as online platforms, for NPS.
Aditya Birla Capital Limited (ABCL) is the financial services platform of the Aditya Birla Group. ABCL has a strong presence in life insurance, asset management, private equity, corporate lending, structured finance, project finance, general insurance broking, wealth management, equity/currency/commodity broking, online personal finance management, housing finance, pension fund management and health insurance. ABCL is committed to providing end-to-end financial services to its retail and corporate customers. ABCL has a nationwide reach, anchored by more than 17,000 employees and 2,00,000 agents/ channel partners.