Today sadly, there is no pension plan which meets all your requirements. For example Templeton and UTI (both asset management companies) have a pension plan – and it is a one size fits all type of a plan. Typically a pension plan should have various options at the ACCUMULATION stage – when a person is […]
You walk into a life insurance company and buy a life insurance policy for Rs. 7934/- per annum for a Rs. 1 crore sum assured. The company accepts the cheque and asks you to go for a medical test. What are the scenarios that can happen? Best case scenario, they can say, yes you […]
There are somethings which I have not been able to understand, will somebody explain please? if 70% of the shares of Hdfc bank and Icici bank are held by FIIs, how are they Indian banks? if 100% retail is allowed to sell mutual funds and life insurance, why not tomatoes and jewellery? if a public […]
If the CFOs of Tata Steel, Tata Motors, TCS, Indian Hotels came to Mr. Ratan Tata and said we want to set up a mutual fund and a life insurance company how do you think will he react? Most probably he would say we have a mutual fund and a life insurance company so please […]
All the advise that you get must be saying ‘Look you jerk you do not know how to handle your money..give it to a mutual fund, life insurance company, brokerage house…and they will manage it for you’ …correct? Well most of the financial media, the people who write, the people who appear on the […]
C: Subra I just have an exciting plan from BDE life insurance company….! Subra: Say you do not need it. C: How can you be so rude, you have not even heard about the product.. Subra: Say you do not need it. C: arre baba, sun na..product ke bare me…(I guess he concluded I could […]
Thanks to my degree, having been a member at the exchanges (albeit corporate), and having been in training, I keep meeting CXOs of mutual funds, reporters and journalists, life insurance companies – and a couple of times even banks. Amazing how they can say the same thing… – invest for the long term -‘I am […]