drawback of the NPS
did a story for the Indian Express today on the National Pension scheme…here it is http://www.indianexpress.com/news/nps-nano-of-the-fund-management-industry/761972
Category: National Pension Scheme
Which pension plan to buy?
Thanks to being an author of a book on Retirement, this question is something that I HAVE TO TACKLE at least once a day if not more than once a day…. Well here is my take (and it is very different from what everybody else in the business has to say): 1. Employees Provident Fund […]
National Pension Scheme (NPS): drawbacks?
“The government issues a half baked scheme and expects people to buy it?” This is exactly what a person who had a choice told me. He was talking about the NPS. Many people have hailed it as a great scheme. I have serious misgivings. The debt instruments that the NPS buys are not indexed. So […]
NPS and budget crumbs
Am doing this posting because a few journalists wanted me to talk about the Union Budget and the NPS. What a joke! There was NOTHING in the budget for the NPS at all. One cosmetic change is ‘on share purchases the NPS does not have to pay service tax’ – the impact at best can […]
National Pension Scheme – the new Avatar
Normally the Avenues for Retirement Planning for the Indian population would be the following: PPF , PF, EPFO , Mutual Fund Pension Schemes, Retirement Planning products from Insurance Companies, bank fixed deposits and post office schemes. A very small part of the population created its own customized Individual Products. This could be a couple of […]
National Pension Scheme – Strategy
Buffer Against Market Volatility The investment pattern is adjusted to growth and security. It protects against market volatility by allowing a subscriber to invest in a diversified and balanced portfolio. To retain his pension corpus for 10 years after age 60. Between the ages of 60 to 70 , the subscriber can withdraw his savings […]
National Pension Scheme – background
A brief history of why the National Pension Scheme was created: The Forgotten Population The aged were not considered relevant People spent a small time in retirement – the gap between the retirement age to the living time was not much. They constitute the invisible population, financially dependant and passive in the […]