Remember the Slumdog Millionaire movie? Well, they picked up a kid from the slums and made a movie based on the book by the same name. The kid from a slum was scrubbed, cleaned and fitted into a world of ‘clean bodies and unclean souls’. So far fine. Now this kid went from slum to […]
If you read the mails that IFA associations get from their members – IFA galaxy’s Alagappan, or other independent financial advisors – it is quite disturbing. Just today itself there are complaints against 2 reputed fund houses – DSP and Hdfc for errors (and he goes on to say that it takes a long time […]
It is customary for industry bodies to time and again talk about “irresponsible” selling or mis-selling by “unethical” agents (by what ever name called). Let us look at what exactly constitutes mis-selling. Mis-selling as understood by the common man means “selling a product which is inappropriate for the client”. However let us look at the […]