Tag: Partial Withdrawal

19

Surrender your ULIP!

Posted by

A friend sent me a long list of life insurance policies that he had. It was only long – and literally carried no weight. None of the life insurance was bought because he needed insurance. The people who sold him policies were his doctor’s wife, his wife’s aunt, a colleague, a bank Relationship manager – […]

Read More →
11

Pensions must be annuitised?

Posted by

On 3rd May, 2010 IRDA came out with an amended ULIP regulation…or whatever it is  called. There is nothing special except that the reports in the media suggest that it is something new. Well the things are: No partial withdrawal from a pension plan – this will make the pension plan even more tax inefficient. […]

Read More →