retirement planning

Retirement planning mistakes: 8 costly errors to avoid – from skipping withdrawal plans to ignoring medical expenses

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Many retirees face financial challenges due to inadequate savings, medical emergencies, or inflexible investments. Common mistakes include lacking a withdrawal plan, over-investing in annuities, avoiding ...

NPS vs UPS: Central government employees now have a one-time switch facility available- check details

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Central government employees have a one-time opportunity to switch from the Unified Pension Scheme (UPS) to the National Pension System (NPS) by September 30, 2025. ...

Reduced annuity returns after rate cuts: LIC chief

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LIC’s new MD & CEO, R Doraiswamy, outlines strategies to maintain market leadership amid evolving financial landscapes. The insurer is balancing par and non-par products, ...

‘Legal issues make reverse mortgage unsuitable’

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HDFC Bank’s CEO, Sashidhar Jagdishan, expressed reservations about reverse mortgage loans in India, citing legal and operational challenges. He highlighted ongoing tech upgrades, including a ...

Donald Trump reshapes investing for retirement: Executive order opens 401(k)s to private equity, crypto; industry urges caution

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President Trump’s executive order aims to broaden 401(k) investment options, potentially including private equity and cryptocurrency. This shift directs federal agencies to revise regulations under ...

NPS vs UPS: Should you go for Unified Pension Scheme or stay in New Pension System? Find out what works better for government employees

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UPS vs NPS: Government employees now have until September 30 to choose between the New Pension System (NPS) and the Unified Pension Scheme (UPS), with ...

NPS vs UPS: Big move for central government employees! NPS tax benefits now available under UPS – here’s what it means

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To boost the Unified Pension Scheme (UPS), the Finance Ministry has extended National Pension System (NPS) income tax benefits to it. This move addresses tax ...

UPS vs NPS: Deadline to choose between Unified Pension Scheme and National Pension System extended; check details

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The Finance Ministry has extended the deadline for central government employees to choose between the Unified Pension Scheme (UPS) and the National Pension System (NPS) ...

SUD Life NIFTY Alpha 50 Index Pension Fund: New fund for pension plan investors launched; check details

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Star Union Dai-ichi Life Insurance has launched the SUD Life NIFTY Alpha 50 Index Pension Fund, targeting long-term wealth creation for pension plan customers. Investing ...

Centre announces additional benefits for NPS retirees under Unified Pension Scheme; claims open until June 30

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The Finance Ministry announced that Central government employees who retired under NPS on or before March 31, 2025, with at least 10 years of service, ...
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