40% of Indians aged 60 years and above are still working: Census
Of the 40% of working people aged 60 years and above, 60% are men whereas 19% are women.
by Team Cafemutual Feb 20, 2016
PFRDA enables Aadhaar based KYC in NPS
New investors can now subscribe to NPS through their Aadhaar cards.
by Team Cafemutual Feb 18, 2016
Women are better prepared for retirement: DBS-Manulife survey
Not only are women more confident, they also save sufficiently to fund their retirement plan, finds a DBS-Manulife survey.
by Team Cafemutual Feb 11, 2016
HDFC MF launches Retirement Savings Fund
The NFO opened for subscription on January 5 and closes on January 19.
by Team Cafemutual Feb 6, 2016
Healthcare expense is the biggest worry post-retirement: DBS-Manulife survey
One in three respondents is not sure about estimating the correct healthcare cost during retirement.
by Team Cafemutual Feb 3, 2016
63% of Indians rely on IFAs for retirement planning: Survey
A survey conducted by DBS-Manulife shows that 89% seek formal advice on retirement planning out of which 63% depend on financial advisors.
by Team Cafemutual Jan 25, 2016
Indians plan for retirement at the age of 40: DBS-Manulife survey
The survey shows that people set aside 26% of their monthly income, an average of Rs. 22,437 to save for retirement.
by Team Cafemutual Jan 25, 2016
HDFC MF gets CBDT nod for its retirement fund
The NFO is expected to open in February.
by Team Cafemutual Dec 29, 2015
India’s retirement ranking improves: Natixis survey
Though India moved up 16 positions in 2015 in the Global Retirement Index (GRI), it’s still the worst ranking among BRIC nations.
by Team Cafemutual Dec 4, 2015
33% Indian companies have adopted NPS: Survey
One out of three companies provide NPS, finds a Towers Watson survey.
by Banali Banerjee Dec 3, 2015
NPS useful only if NRI settles in India post-retirement
by Source: Business Standard Nov 4, 2015
RBI allows NRIs to invest in NPS
There will be no restriction on repatriation of the annuity or accumulated savings.
by Team Cafemutual Oct 30, 2015
NPS assets zoom, cross Rs. 1 lakh crore mark
NPS and Atal Pension Yojana (APY) collectively have more than Rs. 1 crore subscribers with total AUM in excess of Rs. 1 lakh crore as on October 2015.
by Team Cafemutual Oct 28, 2015
Pension funds’ exposure to growth assets is less than 10% in India: MMGPI Mercer Report
The report shows that Indians prefer to invest more in fixed deposits than other assets for their retirement.
by Banali Banerjee Oct 27, 2015
54% of working Indians plan to continue working post retirement: HSBC Global report
Globally, more than half (54%) of working age people who plan to semi-retire want to do so by staying in the same job or career but working fewer hours.
by Banali Banerjee Oct 23, 2015