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IMMEDIATE ANNUITY
Can a ₹1 crore NPS corpus generate more than ₹1 lakh per month? What the new RIS framework offersRetirees now have a new way to manage their National Pension System (NPS) corpus, offering flexibility and potential for growth. The Retire...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27% in 1 yearAfter the correction, the street will reach a stage where, if a company delivers numbers, there will be enough money waiting to move into t...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...
ICICI Pru Life shares crash nearly 9% after Prudential plans stake cut below 10%ICICI Prudential Life Insurance shares fell sharply on Monday after reports that promoter Prudential plc may reduce its stake below 10% fol...
Powerball jackpot hits $143 million for Wednesday night drawing: What the April 29 winner could actually take homeThe Powerball jackpot has reached an estimated $143 million for the April 29 drawing after no winners in the previous draw. Players have tw...
US Stock Market: Short sellers double down on US life insurers as private credit risks mountInvestors are betting heavily against American life insurance companies. This surge in short selling reflects growing worries about the sec...
Powerball jackpot rises to $130 million for April 27 drawing - Here's what the winner could actually pocket on Monday nightThe Powerball jackpot has climbed to an estimated 130 million dollars for the April 27 draw. No ticket matched all six numbers in the previ...
IPO calendar: Which new issues and listings will hit the market this week?The primary market anticipates a quiet week with no mainboard IPOs. Investor focus shifts to SME platforms, featuring one new IPO and sever...
Why smallcap funds are still a buy: A long-term strategy from Aditya KhemaniSmallcap valuations seem high but underlying fundamentals have improved. Aditya Khemani of Invesco Mutual Fund sees this as a structural sh...
Choosing the right NPS annuity: Why expenses, behaviour, and risk tolerance matter for retirement incomeThe National Pension System's exit rule eased, allowing more flexibility with annuity purchases. Retirees must carefully decide how much to...
Citius Transnet InvIT IPO: Check GMP and subscription trends before you bidCitius Transnet InvIT's Rs 1,105 crore IPO opened with zero grey market premium, signaling a flat debut. The issue, focusing on road infras...
Delaware player wins $231 million Powerball jackpot - Here’s what the winner really takes homeA lucky ticket holder in Delaware has won the $231 million Powerball jackpot, with the winner yet to claim the substantial prize. The winni...
LIC Jeevan Akshay-VII annuity plan for monthly pension: Check eligibility, benefitsLIC Jeevan Akshay-VII is a non-linked, non-participating individual instant annuity plan. This plan is available for offline and online pur...
Irdai ask insurers to offer standard annuity product Saral Pension from April 1Indian life insurance market currently has several individual immediate annuity products marketed by life insurers, with each product havin...
Retirement saving: Immediate annuity vs deferred annuityAn immediate annuity plan is purchased with a lumpsum. People who want to start their retirement payout opt for immediate annuity.
- LIC launches online immediate annuity plan 'Jeevan Akshay VI'
The Life Insurance Corporation of India today launched immediate annuity plan Jeevan Akshay VI- for the online medium.