drawback of the NPS
did a story for the Indian Express today on the National Pension scheme…here it is http://www.indianexpress.com/news/nps-nano-of-the-fund-management-industry/761972
Tag: pension scheme
National Pension Scheme (NPS): drawbacks?
“The government issues a half baked scheme and expects people to buy it?” This is exactly what a person who had a choice told me. He was talking about the NPS. Many people have hailed it as a great scheme. I have serious misgivings. The debt instruments that the NPS buys are not indexed. So […]
Planner and a salesperson!
It is today easy for a person to get a visiting card with a qualification that sounds very good. Let us see if you can pick which one is a degree got with some effort and what is got gratis: Certified Financial Analyst, Certified Public Accountant, Chartered financial analyst, Certified Financial analyst, Certified Financial Consultant, […]
National Pension Scheme: What is missing?
NPS – New pension scheme or National pension scheme….does attract a lot of attention from many investors. However the jury is still out on whether one should invest in it nor not invest. One major (I mean MAJOR) DRAWBACK is you have no clue what will happen once you finish the accumulation stage and go […]
National Pension Scheme – features – part 2
Enrolling in the National Pension Scheme (NPS) is very simple. You will go to the nearest point of presence (PoP) and do the necessary documentation. Keeping in mind the banking KYC this will involve carrying proof of residence, pan card, 2-3 passport size photograph, etc. and fill up the prescribed form with the required documents. […]
National Pension scheme – features
India now has a pension scheme which is open to all its citizens, has an element of equity, and is expected to work wonders for all of us. Let us see some of the features….. Any Indian citizen between 18 and 55 years can join the National Pension scheme launched by the Government of India […]
Financial planning – basic process
The process of providing financial fitness involves four basic steps. If you have the time, objectivity, inclination (to take time off from your family to do this) and expertise in accounting (to file your tax returns), investments, taxation, insurance, and estate planning, you can do this process on your own. However, avoiding personal bias is […]