PPF rate cut reversed but do not reverse your decision to reconsider it!

The finance minister in a tweet announced, “interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021. Orders issued by oversight shall be withdrawn”.  Inspite of this readers should reconsider its place in their…

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Are you aware of this risk in guaranteed return products?

We discuss the main risk associated with guaranteed return products that buyers must factor in before deciding to buy. This may seem obvious to regular readers, but even in 2021, there are scores of people who cannot appreciate these products’ main pitfall. It is quite common for insurance agents to present product illustrations to potential…

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ICICI Pru Guaranteed Pension Plan Review: What you need to know

ICICI Prudential Insurance has introduced a Single-Premium Annuity Plan called ICICI Pru Guaranteed Pension Plan. In this review, let us analyse its features, merits and demerits and evaluate if the plan has any value to offer. What Is It? ICICI Pru Guaranteed Pension Plan is a “Non-linked Non-participating Individual Annuity Plan” About the author: Ragesh G…

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