IndiaInsurance
29th June 2010, 05:54 AM
The insurance regulator has ordered life insurers to offer customers a guaranteed return of 4.5% per annum on pension and annuity plans as part of its new, tighter norms for the sector, a move that is expected to force companies to slash commissions to agents and invest more in government securities.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/Assured-return-for-pension-plans/articleshow/6103940.cms)
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/Assured-return-for-pension-plans/articleshow/6103940.cms)