This pension plan offers guaranteed lifetime income combined with market-linked growth potential through up to 40% equity exposure. It also...

The change comes with rising longevity, limited social security coverage and growing awareness around the need for stable post-retirement i...

Annuity plans offered a robust solution for post-retirement financial security. These plans provided a predictable income stream and protec...

Shriram Life's Deferred Annuity Plan, starting at Rs 60,000 annually for ages 40-75, offers a 5-10 year deferment period before annuity pay...

NPS exit: Many people who have not saved enough for retirement income in NPS they need to know about the options they have at the time of e...

The Insurance Regulatory and Development Authority of India (IRDAI) has announced a new rule allowing insurance companies to offer variable...

LIC Jeevan Dhara II: Life Insurance Corporation of India (LIC) has launched a new annuity plan with guaranteed income. The minimum entry ag...

NPS systematic lump sum withdrawal: After the latest changes, NPS investors will now have the option to withdraw 60% of their retirement co...

The modified version of this plan with higher annuity rates will be available for purchase on January 5, 2023. The incentive to pay higher ...

With the realisation that early investing is the only way to plan for the future, saving systematically through guaranteed income plans is ...

The modified version of these plans with revised annuity rates shall be available for sale from 1st Feb 2022. The annuity amount under both...

Though deferred insurance payout plans are tax-free, investors should consider several other factors before investing in them.

"You may choose to retain your money in this account for up to three years after you retire - the EPF balance stops earning interest after ...

New scheme offers guaranteed rates on deferred annuity plan at time of purchase.

The yields offered by most pension plans by insurance cos are also not competitive when compared to existing FD (fixed deposit) rates, say ...

An immediate annuity plan is purchased with a lumpsum. People who want to start their retirement payout opt for immediate annuity.

Through these communications the companies will ask the policyholders what payment option they have chosen for their pension.