Majority of Indians do not have a retirement strategy
Gobally, a worrying proportion of workers (38% including India) have no retirement strategy for their future retirement, finds the Aegon Insurance survey.
by Team Cafemutual Aug 26, 2016
PFRDA to reconsider commission structure of NPS distributors
The pension fund regulator may consider increasing the commission structure on NPS to make it more attractive for distributors.
by Nishant Patnaik Aug 20, 2016
‘PFRDA is disappointed with the performance of annuity schemes’
The pension fund regulator may consider allowing NPS subscribers to remain invested in NPS post retirement.
by Nishant Patnaik Aug 17, 2016
PFRDA wants to regulate pension products of AMCs and insurers
PFRDA Chairman Hemant Contractor said that the government has formed a committee to see if PFRDA can regulate all pension schemes.
by Nishant Patnaik Aug 13, 2016
India ranks last in retirement preparedness, finds Natixis survey
India hits the bottom in the retirement index with an overall score of 44% among 43 nations.
by Team Cafemutual Jul 27, 2016
Few takers for NPS distribution
Most of the IFAs whom Cafemutual spoke to believe that mutual fund retirement schemes are better than NPS to save for retirement.
by Banali Banerjee Jul 22, 2016
61% Indians want to retire in the next five years, says HSBC survey
14% of those wanting to retire within the next 5 years believe that they cannot afford to do so.
by Team Cafemutual Jul 19, 2016
How can advisers help clients save for retirement?
Indians are culturally known to save more than their counterparts in the western world. Yet, confidence in the current level of savings for retirement reduces as one gets closer to retirement.
by Team Cafemutual Jul 15, 2016
IFAs will have to pass NISM test to distribute NPS
PFRDA has mandated retirement advisers to obtain certification from NISM by passing NISM-Series-XVII: Retirement Adviser Certification Examination to sell NPS.
by Nishant Patnaik Jul 14, 2016
59% Indians are habitual savers, tops globally: Aegon survey
Of the 15 countries surveyed, India has the highest proportion of habitual savers (59%) followed by US (54%).
by Team Cafemutual Jul 8, 2016
Indian companies dependent on advisors for employees’ financial well-being: survey
Employers are concerned about the financial security of their employees and they are dependent on advisors to help them.
by Team Cafemutual Jul 4, 2016
19% Indians rely on professional advice for retirement: Survey
India achieved a retirement readiness rating at 7.3 which is higher as compared to last year’s ranking.
by Team Cafemutual Jun 24, 2016
Indian new generation unlikely to retire comfortably, finds a study
A Willis Towers Watson study titled ‘Understanding and preparing for retirement adequacy in India’ shows that millennials in India feel that they are less likely to be better off when they retire as compared to their parents.
by Team Cafemutual Jun 20, 2016
How advisors can meet the new retirement challenge
A whitepaper on ‘The New Retirement: How advisors are meeting the challenge’ focuses on the issues advisors will face in helping clients achieve a secure retirement and offers insights to overcome these challenges.
by Team Cafemutual Apr 11, 2016
Investors prefer to hire reputed and qualified advisors: Study
58% of people voted for reputation while 56% preferred qualification as the most desirable attributes while choosing an advisor.
by Team Cafemutual Feb 26, 2016