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IMMEDIATE ANNUITY PLAN
Rs 1.50 lakh/month income from Rs 1.5 crore corpus? Easy retirement strategies explainedRetiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withd...
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...
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...
LICs Smart Pension Plan: What is it and other important FAQs for your retirement planningLIC Smart Pension Scheme 2025: LIC has introduced the Smart Pension Plan, a non-linked, non-participating annuity plan offering liquidity o...
LIC’s Smart Pension Plan: Key features, eligibility, annuity options, death benefits and moreLIC has introduced the Smart Pension Plan, offering flexible annuity options and secure income streams for retirees. The plan is designed f...
Why deferred annuity is a strategic investment to secure your futureAnnuity plans offered a robust solution for post-retirement financial security. These plans provided a predictable income stream and protec...
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...
LIC increases annuity rates of Jeevan Akshay VII, New Jeevan Shanti with effect from Feb 1The modified version of these plans with revised annuity rates shall be available for sale from 1st Feb 2022. The annuity amount under both...
Find out which annuity option suits you the bestLaunch of LIC's annuity plan, rising rates have reignited interest in annuities. Here are 5 plans offered by LIC, SBI Life, ICICI Prudentia...
NPS and EPF still better bets than pension plansThe yields offered by most pension plans by insurance cos are also not competitive when compared to existing FD (fixed deposit) rates, say ...
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.
Budget 2016: Service tax on single premium annuity plan cutCalled the Immediate Annuity plans in the insurance industry, Budget 2016 proposes to reduce service tax burden on single premium annuity p...
Bajaj Allianz’s new pension guarantee plan extends pension benefits to spouseApart from providing a guaranteed income for one’s lifetime, this immediate annuity plan has the options to extend annuity (pension) to the...
LIC offering 1% higher returns for online purchaseLife Insurance Corporation of India (LIC) has made available online its immediate annuity plan offering a 1% higher return for online purch...
- 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.