Consumer RightsExpense AccountInvestmentsMutual FundsUncategorizedAugust 23, 2016by Monika Halan0Yes, banks mis-sell. Now what?
It needs regulatory change for systemic mis-selling to stop. Just one bank firing two people won't do.
Consumer RightsExpense AccountInvestmentsMutual FundsPersonal FinanceUncategorizedAugust 16, 2016by Monika Halan0Here is proof that banks mis-sell
Regulators were in denial about mis-selling. I went out and got the evidence that they mis-sell. Terribly.
Consumer RightsExpense AccountMutual FundsPersonal FinanceApril 26, 2016by Monika Halan1RBI wants banks to hive off advice. Long shot, won’t work
RBI finally moves on mis-selling. Too little, too late.
Consumer RightsExpense AccountPersonal FinanceJanuary 19, 2016by Monika Halan0How to grab 70% of a premium
IRDAI hikes the peak commission plus incentive rate in the first year to 70%.
Consumer RightsExpense AccountPersonal FinanceDecember 23, 2015by Monika Halan0Finlit is the escape door for regulators and big finance
Throwing money is the lesser problem in #finlit programmes, it is the abdication of regulatory authority that is the real danger.
Consumer RightsExpense AccountPersonal FinanceUncategorizedDecember 9, 2015by Monika Halan0Floods, price gouging & free market
Price gouging or market forces? When markets are not really free and consumers are not really in a position to bargain, it becomes a question on justice rather than economy.
Consumer RightsExpense AccountPersonal FinanceUncategorizedOctober 6, 2015by Monika Halan0A number, name and digital trail
The financial sector has shown that it has little regard for the law worldwide. Putting a biometric on each person who faces the customer to build a performance trail can be one of the ways to make it responsible.
Consumer RightsExpense AccountPersonal FinanceUncategorizedApril 1, 2015by Monika Halan0On the trail of a robust mutual fund compensation structure
Moving to a full trail model will take the conflict of interest away from the sales process.
Consumer RightsExpense AccountPersonal FinanceUncategorizedMarch 10, 2015by Monika Halan0Does finance benefit society?
The industry that does not pay the price for taking risk is under attack the world over. What value does finance bring to the world is a question increasingly being asked.
Consumer RightsExpense AccountPersonal FinanceUncategorizedFebruary 17, 2015by Monika Halan0Rs60,000 crore: loss from life insurance in just two years
In 2010 IRDA made the Ulip a better product, but did not change traditional plans. Investor loss for just 2 years is at Rs 60,000 crore.