PFRDA constitutes Committee for Strategic Asset Allocation and Risk Governance (SAARG)

• SAARG = Committee for Strategic Asset Allocation and Risk Governance, constituted by PFRDA to overhaul the NPS investment framework.
• Examinable as a current-affairs hook on pension reform, financial regulation, and capital-market governance under GS-III (Indian Economy).
• Reflects India's pivot toward global pension benchmarking (CPPIB, GPIF, Norway GPFG-style allocation thinking) for long-term retirement wealth creation.