RETIREMENT


Ravi Samalad 21 September 2010
Pension committee considers changing stipulation of minimum four annual contributions to pension scheme; is also looking at maximising gains for subscribers by reducing the time lag in the investment of funds and reducing record-keeping charges The New Pension System (NPS), which was thrown...

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Moneylife Digital Team 09 September 2010
The PFRDA is trying to get pension fund managers to push NPS. This makes no sense especially since fund companies are not able to sell even a tried and tested product like equity mutual funds If the chairman of the pension regulatory body has his way, we may soon witness a repeat of the havoc...

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Moneylife Digital Team 26 August 2010
Central government employees are getting an unfair deal with the NPS as politicians play politics and finance ministry plays safe Central government employees have missed out on one of the biggest bull runs, which would have given them the desired head start that they needed, and for no fault...

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Moneylife Digital Team 26 August 2010
Pinched by RBI’s scathing criticism of the inordinate delays in pension payouts to its customers, the state-run lender has put up advertisements in leading dailies, saying ‘We care for you’ Four months after Moneylife had reported that the Reserve Bank of India (RBI) had cracked down on the...

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The new PFRDA chairman’s initial thoughts to reform NPS: make fund managers compete on fees and performance! Yogesh Agarwal, the new regulator of the Pension Fund Regulatory and Development Authority (PFRDA), is keen to make the New Pension Scheme (NPS) work. NPS has not taken off so far...

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Sucheta Dalal Sucheta Dalal  and   Dolly Mirchandani 15 July 2010
Retirement communities are being pitched as a ‘lifestyle’ choice for senior citizens who want to retain their independence and yet ensure that they are well cared for in their twilight years. Sucheta Dalal & Dolly Mirchandani explore the options India’s rising income levels, life...

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Moneylife Digital Team 16 June 2010
The revised Direct Tax Code will give a big edge to retirement products over equity and equity-linked mutual funds, which are slated to be burdened by long-term capital gains tax after a long time Strong winds of change are set to blow over the financial landscape in India. The government...

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Moneylife Digital Team 27 May 2010
The pension regulator needs to take a deeper look into what is weighing down the scheme. Here are a few issues that need to be sorted out, say experts The pension regulator, Pension Fund Regulatory and Development Authority (PFRDA) has reportedly sought tax relief on investments in the...

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Sanket Dhanorkar 09 April 2010
Some major tweaks to the NPS in addition to the planned government contribution of Rs1,000 per account are set to provide a much needed leg-up to the nascent pension scheme The Centre is planning some additional tweaks to the still-nascent New Pension Scheme (NPS) to attract the...

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Shalini Amarnani 15 March 2010
Why are subscribers to Employees’ Provident Fund favoured against those of Public Provident Fund? Asks Shalini Amarnani Imagine a scenario where you no longer have a recurring income (read salary) but your expenses rise at around 5%-7% per annum. Scary though it may sound, this is going to be...

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Kingshuk Mukherjee 08 May 2008
The discussion revealed that legislation on reverse mortgages and wills is either inadequate or riddled with complexity—clear evidence that the government and its regulators are out of sync with reality and people’s needs At a time when joint family structures are disintegrating and most...

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