How LIC pension policyholders can submit digital life certificateThese pensioners can conveniently submit their life certificate online by downloading the LIC Jeevan Saakshya mobile app instead of going t...
08 Sep, 2023, 03.31 PM IST
LIC launches New Pension Plus plan: Features, premium payment, NAV calculationLIC introduces the unit-linked, non-participating individual pension plan — New Pension Plus plan. All you need to know about the new plan ...
07 Sep, 2022, 10.32 AM IST
How LIC pension policyholders can get Aadhaar-based digital life certificateIn a recent announcement, the central government extended the deadline for pensioners to submit their life certificates. The deadline for s...
15 Dec, 2021, 10.42 AM IST
LIC’s Saral Pension scheme launched: Who can buy, how much regular income you will get, other detailsLIC Saral Pension is a non-linked, non-participating plan. The buyer needs to buy this annuity with a single premium after which the annuit...
02 Jul, 2021, 12.30 PM IST
LIC needs to match private insurers in techWhile the new business premium of private companies rose 16.29% over the previous fiscal year, that of LIC grew 3.48%, adding up to a cumul...
27 Apr, 2021, 06.43 PM IST
Budget 2017: Retirees may get assured 8% interest on pensionThe scheme, similar to the Varishtha Pension Bima Yojana, is an immediate annuity plan and will be open for subscription for a period of on...
02 Feb, 2017, 02.48 PM IST
LIC Nomura Mutual Fund lines up retirement plansLIC Nomura MF Retirement Benefit Fund is an open ended scheme comprising of three plans -- Conservative, Moderate and Dynamic.
30 Apr, 2015, 02.56 PM IST
- LIC's new pension product: Added benefits, but return-generating ability limited
The country's largest life insurer LIC has recently announced the launch of a traditional pension plan New Jeevan Nidhi. It comes with sing...
05 Jan, 2013, 06.18 PM IST
- Pension plan: Now, a person can draw annuities at 55 years of age
The insurance regulator plans to lay a floor of 55 years of age for a person to draw annuities from pension plans as it moves to reduce ris...
03 Nov, 2011, 01.47 AM IST
- Forcing customers to buy annuities from the same insurer isn't the way to derisk LIC
The insurance regulator Irda wants a customer to buy an annuity from the same insurer who sells the pension plan.
09 Aug, 2011, 03.54 AM IST
- IRDA working to reduce future risk for LIC saddled with of growing annuity payouts
The Insurance Regulatory and Development Authority may make it mandatory for private insurers to sell annuity plans to their customers.
06 Jun, 2011, 01.29 AM IST
- LIC plans to retain agents with pension scheme
Life Insurance Corporation of India, the state-run company facing competition from nimble private rivals, will soon have a pension plan for...
04 Feb, 2011, 05.01 AM IST
- LIC launches Market Plus-1
Life Insurance Corporation of India (LIC) today launched its new linked deferred pension plan-Market Plus-1.
17 Jun, 2008, 08.26 PM IST
- LIC to close down 'Market Plus' by end-March
Life Insurance Corporation of India (LIC) is set to close down one of its best-selling unit-linked insurance plans (Ulips) - ‘Market Plus’ ...
06 Mar, 2008, 01.12 AM IST
- Regulator puts rider for pension fund managers
The pension regulator decides to put in a rider by which PFMs will have to bid every year to manage the corpus under New Pension Scheme. Da...
30 Nov, 2007, 04.40 PM IST
- LIC first to set up pension fund company
The new company has been promoted to manage the New Pension System (NPS) which will initially target government employees.
23 Nov, 2007, 03.03 AM IST
- Co to unveil unit-linked group pension plan soon
LIC’s set to unveil its first unit-linked group pension product for corporates. The product, Gratuity Plus, has been approved by Irda and w...
16 Jun, 2006, 02.49 AM IST