Retirement Planning: Building a Secure Future bruneinews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bruneinews.net Daily Mail and Mail on Sunday newspapers.
Updated Feb 04, 2021 | 06:06 IST
Irdai earlier directed life insurance providers to offer a standard immediate plan named ‘Saral Pension’. Here s how its better than other annuity plans and offers better liquidity Saral pension plans offer higher liquidity, flexibility to buyers; here s how | Photo Credit: Thinkstock
Retirement planning is critical for those who do not plan to work till the end of their days in order. It is necessart to have a steady flow of income in twilight years. For the purpose, annuity plans are specifically designed to provide a regular income stream to the investor upon the investment of a lump sum amount.