"Southern states in particular, where fertility rates have fallen...
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Pension & Social Security
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Corporate credit tremors in aftershock of tariff-led stock rout
The move is fueling fears pension funds and other longer-term...
FM Nirmala Sitharaman chairs India-UK Investor Roundtable in London
The key priorities for the India-UK Economic and Financial Dialogue...
Dhariwal appointed as CEO of Max Life Pension Fund
Max Life Insurance on Tuesday announced the appointment of Ranbheer Singh Dhariwal as the Chief Executive Officer (CEO) of its wholly-owned subsidiary Max Life Pension Fund Management Ltd. Dhariwal's appointment is effective October 15, Max Life Insurance Company said...
India’s pension system shows marginal improvement in global ranking: Report
Globally, Iceland was ranked at the top followed by the Netherlands, Denmark, Israel, Finland and Australia ''The new labour reforms in India are expected to usher in a framework to facilitate increased participation in private pensions, thereby encouraging higher...
Union Minister Jitendra Singh launches integrated portal for pensioners
The portal – www.ipension.nic.in – will act as a one-stop solution for all the pensioners' needs. New Delhi: Union Minister Jitendar Singh on Tuesday launched an integrated portal aimed at ensuring “ease of living” for the central government pensioners. The portal –...
Number of Indian poor people fell by about 415 mn between 2005-06 and 2019-21, a ‘historic change, says UN
"Despite tremendous gains, the ongoing task of ending poverty for the 228.9 million poor people in 2019/2021 is daunting — especially as the number has nearly certainly risen since the data were collected'' The number of poor people in India fell by about 415 million...
Indian women prefer savings plans among life insurance products: Tata AIA survey
72% of women believe life insurance is integral to their financial planning post-Covid-19. The respondents from tier-3 cities feel more strongly about this. A savings plan was the most preferred among life insurance products, followed by term insurance. Pension plans...
Mental, physical & financial resilience improving, says New HSBC Life 2022 +Factor Study
Greg Hingston, CEO, Global Insurance and Partnerships, HSBC Life, commented: "The interconnection between mental, financial and physical dimensions is clear. When one dimension improves, the others follow. When physical, mental and financial health are all addressed,...
UK watchdog tells pension funds to focus on building buffers
Nikhil Rathi, CEO, Financial Conduct Authority Regulators have told defined benefit pension funds to build up their liquidity buffers to cope with any further big hike in gilt yields when BoE support ends on Friday London: Britain's financial watchdog told pension...
FinMin to launch special campaign for financial inclusion from Oct 15
''To further deepen Financial Inclusion (FI) framework, @DFS_India will organise a special campaign from 15th October 2022 to 26th November 2022, which will initially be rolled out at the Gram Panchayat (GP) level in following seven districts across India-- Cuttack,...
Ageing and Health: Global population ageing is much faster now
By 2030, 1 in 6 people in the world will be aged 60 years or over. At this time the share of the population aged 60 years and over will increase from 1 billion in 2020 to 1.4 billion. By 2050, the world’s population of people aged 60 years and older will double (2.1...
By 2030, 1.4 billion people will be at least 60 years old: UN
Secretary-General António Guterres reminded that this pledge is enshrined in the Sustainable Development Goals (SDGs), adding that lifelong learning, strong social protection, accessible quality long-term healthcare, bridging the digital divide, intergenerational...