Personal FinanceAugust 2, 2016by Monika Halan0Buying mediclaim is hard but harder is to know if it is any good
You need 65 two hour days to read through the brochures before you can buy medical cover. The regulator does not make it easier.
When an agent talks about an 18% return, in a Ulip it means a return of less than that.
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.
Expense AccountMutual FundsPersonal FinanceMarch 22, 2016by Monika Halan0Chemist or doctor: Sebi’s nudge to the industry
Sebi goes for more disclosure. That's good. But govt needs to get IRDAI to play ball.
Expense AccountMintFebruary 2, 2016by Monika Halan0Can NPS be advertised as ‘safe’ when ETFs cannot?
The pension regulator got a bit of a beating last week on Twitter. The chatter was around a National Pension System (NPS) advertisement issued by the regulator calling a market-linked product “safe”. The ad, which can be seen here: http://mintne.ws/1SVoozI , calls the NPS a “safe retirement fund”. The anger, predominantly in the mutual fund...
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%.
Expense AccountPersonal FinanceUncategorizedJuly 7, 2015by Monika Halan0That terrible 70s feeling again. This time in Ulip rules
IRDAI shows itself to be anti-investor yet one more time.
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 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.