The life insurance industry also saw a shift towards launch of guaranteed returns traditional policies due to higher government securities (G-sec) rates prevalent currently
Ensure that you go through your employment contract, human resource (HR) policies and social media usage guidelines if you intend to accept payouts from social media platforms or engage in any other side hustle
Enhancing pension literacy and awareness, growing the corporate sector, individual National Pension System (NPS) and Atal Pension Yojana (APY) subscriber base will be among the key objectives of the PFRDA chairman this year.
Retail health and motor premiums won’t go up due to rise in global reinsurance rates as these are retained by insurers themselves, but fire and engineering might climb due to rise in reinsurance premiums, says Kishore Kumar Poludasu.
By June 26, employees will have to decide whether they want to apply for a pension on a higher salary. The process is cumbersome and riddled with ambiguities, making it difficult for employees to make a choice.