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NEW ULIP SCHEMES
India insurers seek doubling of tax-free limit for some products to boost inflows, sources sayIndian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowin...
Stock, mutual fund investing from Tier-2, 3 cities grows fast, but limited awareness, advisory gaps remain key concernsEven as individuals from Tier-2/3 cities and beyond are rapidly embracing the world of stocks and mutual funds, gaps in advisory and awaren...
Ulip investors get new settlement option. Reasons why you shouldn't rush to opt for itTo address the concerns of Ulip holders, Irdai has introduced a new settlement option that allows investors to receive maturity proceeds in...
ULIPs don’t attract LTCG tax; should you dump your mutual funds for them?Predictably, the introduction of long term capital gains tax on equity investments have given a new lease of life to Unit Linked Insurance ...
Introduction of LTCG tax in equity mutual funds may see investors moving to ULIPsThe introduction of long term capital gains tax on equity mutual fund schemes may result in some investors moving away from these schemes a...
LIC mops up 7K cr from relaunched senior citizens pension schemeLife Insurance Corporation of India said it has so far collected over Rs 7,000 crore under its senior citizen pension scheme 'Varishth Pens...
- ULIP business down by 15% during 2010-11: IRDA
Amid a row between Sebi and IRDA over control of unit linked products, the ULIP business declined by 15 per cent during 2010-11.
Ulips, equity MFs to lose tax cover in new-look CodeMany other popular savings & investment instruments will also lose tax immunity.
- LIC to seek Irda nod for two new Ulip schemes
Life Insurance Corporation of India is likely to submit new unit-linked insurance plans with the regulator in light of its two plans coming...
SEBI, IRDA working together to resolve ULIP: BhaveC B Bhave said FIIs can continue to invest in current ULIPs, which have a portfolio of over Rs 92,000 crore.
Finmin pushes for early solution of IRDA-SEBI tussleThe government has backed market regulator SEBI's decision to bar 14 insurance companies from issuing new unit-linked schemes or products.
Insurance council says Sebi ban new ULIPs surprisingThe Life Insurance Council on Tuesday termed today's Sebi order of continuing its Friday ban to new Ulip schemes as "surprising" and said i...
Ban order on new Ulip schemes to remain: SEBIIRDA reacted to the SEBI order by saying that it will go on clearing ULIP products.
ULIP spat unlikely to impact equity mkt: AnalystsAnalysts said the spat between the two regulators on ULIP is not new and equity mkt would not be affected.
- IRDA seeks equal treatment to ULIP, MF schemes in Budget
Insurance regulator IRDA has asked for bringing about level-playing field between unit linked investment products of life insurers and mutu...
- Savings may get level field
Finance ministry to study tax and regulatory norms on new pension scheme, EPF, MFs & ULIPs.
- MFs go one up on Ulips, offer free insurance with SIPs
At a time when retail investors are having second thoughts about investing in equities in the wake of uncertain market conditions.
- Exposure cap to act as ULIP insurance
Most of new money coming into insurance goes into ULIPs with many policyholders choosing the equity option. Current move aimed at mitigatin...
- LIC bars ‘new’ agents from selling Ulips
Life Insurance Corporation (LIC) has decided to limit the number of agents selling unit-linked insurance plans (Ulips). LIC has decided tha...
- ULIPs are still insurance cos’ favourites
Insurance companies have not shied away from investing in unit-linked insurance policies even after the recent stockmarket meltdown.