Established & Budding Experts come here and share their knowledge base and concepts with each other.
Every article submitted is reviewed by our panel.
Nickels are awarded to articles in terms of authenticity, relevance, clarity and presentation.
Fresh norms introduce definitive changes in Ulips; more could have been done on cost.Investors in unit-linked insurance policies (Ulips) can look forward to some more transparency. But costs, though not front-loaded, will be spread over the lock-in period. More important, insurance agents will now have to sell the product as a long-term one, instead of touting it as a product that will give returns based on the stock market. Guaranteed, but low returns on pension plans: A pension/annuity plan will offer guaranteed annual returns of 4.5 per cent — just 1 per cent more than the savings deposit rate of 3.5 per cent. This rate could change at a la
...
views (306)
comments (0)
