Once upon a time, Term Insurance and Pension plans were having an argument as to which one is more important to an individual. Needless to say, the debate went on till the cows came home and we still had no signs of a clear winner! That is because they both cover two opposite risks associated with our lives – one covers the risk of a life cut short by an untimely death while the other helps you protect your financial future in case you end up living way beyond your earning years. [More]

“My financial advisor is working very hard towards building a retirement plan… It involves my money and his retirement!” In the realm of astonishment, nothing comes closer to the norm that seemingly prevails in the buying behaviour related to financial products like insurance and... [More]

New Years resolution for better financial planning. Pointers to set financial goals that will help you get control over your money and become wealthy; retire rich [More]

A review of the impact of regulatory changes to ULIPs effective September 2010 [More]

Planning and actually saving for your Pension early is really critical and can make a significant difference to how much you have when retiring. The following table will illustrate how and why starting early for pension is important. [More]

Higher allocation to Equity linked Pension Funds during an age of 20-50 for a Pension maturing at age 60 can help accumulate a larger Pension, working on the belief that the Indian economy is on secular strong growth path and consequently corporate earnings and stock prices should gain over the medium to long term, short term market volatility notwithstanding. [More]

Under the tax code applicable today, there are some "real" benefits provided to customers in an effort to promote long term savings in the absence of any state provided or compulsory employee pension schemes under the “EEE” regime. But after the proposed changes come into being, the focus for investors will need to move towards investments that provide for a "real" wealth accumulation and not only a tax savings play under the “EET” regime. [More]