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LIC’s newest Pension Plan

LIC’s newest Pension Plan

Recently, a friend of mine sent over two messages that he had received from an LIC agent regarding a wonderful new Pension Plan that LIC has launched.Personally, I am against Pension Plans per se. They are terrible investments. I analysed this one. I am assuming that...
Pensions and annuities

Pensions and annuities

LIC currently has a ‘Jeevan Akshay’ pension plan which its brokers are really pushing hard. The mainstay of the sales pitch seems to be guaranteed 8.9% interest on your money for life. They further go on to say that in these times of low interest rates, a guaranteed...

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