Most Indians (52%) expect their children to provide them financial stability when they get old, with 28% yet to start saving for retirement, a new survey has found. Rural Indians know less of old-age financial planning needs, and also save less, often due to uncertain income flows, found the ‘Digital and Financial Inclusion Barometer’ survey by Sambodhi, a research group, and pinBox Solutions, a global digital micro-pension inclusion platform.
India: Life market expected to grow by 15% in next 3-5 years
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