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JOINT ANNUITY PLANS
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 Bank to retain majority stake in ICICI Pru Life as Prudential buys 75% in Bharti LifeICICI Bank will maintain its majority stake in ICICI Prudential Life Insurance following its partner Prudential's acquisition of a controll...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27%In the coming quarters, two things will impact earnings: High crude oil prices and a weak rupee. A rising dollar puts pressure on the margi...
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...
Retirement planning in NPS: You can lose Rs 21 lakh in total monthly income if you buy an annuity plan worth Rs 50 lakh without comparisonNPS investors must choose their annuity plans wisely to avoid significant income loss. Comparing annuity rates from different providers can...
LIC Jeevan Dhara II policy launched: New annuity plan with guaranteed income; know detailsLIC Jeevan Dhara II: Life Insurance Corporation of India (LIC) has launched a new annuity plan with guaranteed income. The minimum entry ag...
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...
Retirement planning: How to choose the right annuity planAn annuity is considered as a provision for retirement where one can ensure a steady stream of regular income over the retired life of the ...
LIC hikes payout under New Jeevan Shanti annuity scheme; details hereThe modified version of this plan with higher annuity rates will be available for purchase on January 5, 2023. The incentive to pay higher ...
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...
Be kind to your 60-year-old self! Start planning for your retirement right nowThe HDFC Life Pension Guaranteed Plan is a single premium annuity product that provides a regular guaranteed income for life. This offering...
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...
Can I open second Senior Citizens Savings Account with my wife as first applicant?An individual can open multiple Senior Citizen Savings Scheme (SCSS) accounts either individually or as a joint investor.
Tax queries: Annuity received on a periodic basis is taxable as an income under the head ‘Salaries’Dilip Lakhani Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
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...
HDFC Life Pension Guaranteed Plan: Should you lock into annuity rates now?New scheme offers guaranteed rates on deferred annuity plan at time of purchase.
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.
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...