Consumer RightsExpense AccountPersonal FinanceUncategorizedOctober 29, 2014by Monika Halan0Too much choice; too little help
Too much choice kills the investment decision. Keep it simple if you don't know enough.
Consumer RightsExpense AccountPersonal FinanceUncategorizedSeptember 30, 2014by Monika Halan0Industry practice will ensure an only-trail commission model
Getting the financial sector to do the right thing by the customers is a global struggle. Moving to a zero commission world is the first step in this journey. Few regulators have the guts to do it.
Consumer RightsExpense AccountPersonal FinanceUncategorizedSeptember 16, 2014by Monika Halan0Finance 101 dies each time a guaranteed plan is launched
Traditional insurance plans are toxic. They return less then 5% a year for 15 years. Break the product before 5 years and you lose all your money.
Consumer RightsExpense AccountUncategorizedSeptember 10, 2014by Monika Halan0India staring at another insurance-linked scam
The cheating does not stop in the insurance industry. Gets deeper and wider. Insurance regulator is asleep at the wheel.
Consumer RightsExpense AccountPersonal FinanceUncategorizedAugust 26, 2014by Monika Halan0RBI takes the first step towards customer protection
RBI releases the draft charter of consumer rights. Long road ahead to implementation.
Consumer RightsExpense AccountPersonal FinanceUncategorizedAugust 12, 2014by Monika Halan0A hunt for PPF that leads to toxic sales pitches
Banks brazenly sell toxic insurance products to me as I request and seek a PPF.
Consumer RightsExpense AccountPersonal FinanceUncategorizedAugust 5, 2014by Monika Halan0Evil foreigners, upright Indians and FDI in insurance
Not allowing foreign money in insurance is to cut off our own noses to spite our face. Why is FDI in mutual funds ok and not in insurance?
Consumer RightsExpense AccountPersonal FinanceUncategorizedJuly 15, 2014by Monika Halan0The Indian Banks’ Association is shockingly anti-consumer
The Indian Banks Association has stalled reform that benefits the bank customers. Profits over people for the IBA.
Consumer RightsExpense AccountPersonal FinanceJune 24, 2014by Monika Halan0We need products that help us make money, not lose it
Toxic insurance products in Indian retail finance have a colonial history. What started as the way for the British government to get cheap Indian money, now gets the Indian government the same.
Consumer RightsExpense AccountPersonal FinanceJune 17, 2014by Monika Halan0Court takes a hard stand on insurance mis-selling
Brazen cheating happens in Indian banks when they sell financial products. The courts are taking action, but unless there is political will, nothing will change.