How four women mutual fund managers are defying odds & breaking through

There are 52 mutual funds, and another 51 life and non-life insurance companies, registered in India. Both sets generate dozens of investment products for the Indian market and manage thousands of crores. Men manage most of these products.  .http://www.myallagents.com/How-four-women-mutual-fund-managers-are-defying-odds-and-breaking-through/details.html

Why you must have a child insurance plan

The rising cost of education is troubling Indian parents. More than 60% of the respondents in an online survey by ET Wealth listed this as their biggest worry. This was followed by lack of knowledge, not saving enough and starting too late. 

We hadn't included the biggest worry-the risk of their own untimely death-as a choice. We should have. According to the National Crime Records Bureau statistics, an Indian dies in an  accident every 90 seconds. 

http://www.myallagents.com/Why-you-must-have-a-child-insurance-plan/details.html 

Is it time to upgrade your life cover? Know what's best for you

Thanks to the growing awareness about the importance of life insurance cover, many individuals, especially the young executive types, buy a term life insurance as soon as they start their career. However, the trouble is: typically these covers would be very small, mostly Rs 10 lakh or below , say insurance advisors. This would inevitably lead to some complications in future. When the person gets married, have kids or takes a huge loan, he or she would need a larger cover. However, buying a cover at that time may not be an easy task.  
http://www.myallagents.com/Is-it-time-to-upgrade-your-life-cover-Know-whats-best-for-you/details.html

New govt's fiscal policy to affect RBI's monetary stance

With a new government at the Centre only a few weeks away, the Reserve Bank of India (RBI) might wait for the new dispensation’s fiscal policy to take its policy actions, feel experts. Although Consumer Price Index (CPI)-based inflation is on the rise in March, RBI might hold rates till June. According to experts, if the new government takes concrete steps, it would provide room for RBI to cut rates in the future, though not in near term.  http://www.myallagents.com/New-govts-fiscal-policy-to-affect-RBIs-monetary-stance/details.html

Kotak Life Insurance launches immediate annuity plan

Kotak Life Insurance has launched Kotak e-Lifetime income plan, an immediate annuity product. The plan offers the purchaser of the annuity the option to choose an annuitant or beneficiary other than self. This will ensure regular income to any close blood relative or spouse, other than self. The plan is also available online, said a press release issued by Kotak Life Insurance. The one time premium paid by the proposer is paid out to the annuitant or beneficiary at the interval chosen – monthly, quarterly, half yearly or yearly at the predefined annuity rate promised at the time of purchase. Annuity rates will depend upon the age of the annuitant, the amount invested and the annuity option chosen.  http://www.myallagents.com/Kotak-Life-Insurance-launches-immediate-annuity-plan/details.html

Has Right to Information come to your rescue?

The Right to Information (RTI) Act was implemented in India nine years ago. The Bill was introduced in 2004's winter session of Parliament and passed in June 2005.
RTI remains a potent legal weapon to fight opacity in public offices and politicians continue to fear it. In the last winter session, a Parliamentary standing committee, while supporting passage of an amendment in the Act, concluded political parties should be kept out of the ambit. The RTI (Amendment) Bill, 2013, seeks to insert an explanation in Section 2, which states any association or body of individuals registered or recognised as a political party under the Representation of the People Act, 1951, will not be considered a public authority. 
.http://www.myallagents.com/Has-Right-to-Information-come-to-your-rescue/details.html