In the past two years, the NPS (National Pension Scheme) which is regulated by the Pension Fund Regulatory and Development Authority (PFRDA) has witnessed several changes which makes it consumer friendly. In its most recent move, the PFRDA has notified a procedure, by which members in the EPFO (Employees Provident Fund Organisation) could transfer their investments to the NPS. The move was first mooted by the Finance Minister in his 2015 Budget, which is finally going to see the light of the day.