The best thing that life insurance business has done in India is it has eliminated mis-selling in mutual funds! How is this possible? Simple the rewards for mis-selling in life insurance plans is far, far greater than mis-selling in mutual funds, so many of the players have shifted games. That brings us to the question […]

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A friend who works for a regulator ABROAD came to India to teach at arguably at the best 2 Business schools in India. As is customary his father took him to the bank to tie up some loose ends. The Branch Manager offerred him a Unit Linked Plan with a 40% assured return. Now here […]

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