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Working millenials not saving enough for their retirement

by AIP Online Bureau | Mar 7, 2018 | International News, Pension & Social Security

Washington:  Millenials are not saving enough for their retirement, a study has found, suggesting that they are in need of better financial education.   According to the US Census, millennials accounted for more than 25 per cent of the population in 2015,...

March 31 Deadline For Aadhaar Linkage May Be Extended, Government Tells Supreme Court

by AIP Online Bureau | Mar 6, 2018 | Indian News

New DelhI: The deadline for mandatory linking of Aadhaar to avail various services and welfare schemes run by the government may be further extended beyond March 31, the Centre indicated in the Supreme Court today.   The Centre said that since some more time...

9 battle it out for IRDA chairmanship

by AIP Online Bureau | Mar 5, 2018 | Indian News, Regulation

New Delhi: The powerful Financial Sector Regulatory Appointments Search Committee(FSRAC) headed by cabinet secretary, PK Sinha, on Monday has interviewed nine candidates including lone retired bureaucrat Subhas Chandra Khuntia, a former chief secretary of Karnataka,...

AXA acquiers XL Group for $ 15.3 bn, Indian reinsurance branches of both cos will be merged

by AIP Online Bureau | Mar 5, 2018 | International News

Paris: AXA, Europe’s second-biggest insurer on Monday,  has agreed to buy property and casualty insurance company XL Group for around $15.3 billion((12.4 billion euros), in a deal which AXA said would create a world leader in its particular sector.  ...

Cash-rich PSU general insurer may be asked to buy out smaller ones

by AIP Online Bureau | Mar 4, 2018 | Indian News

New Delhi Taking cue from ONGC buyout of HPCL, the government may look at replicating the same in the insurance sector by asking a cash rich PSU general insurer to buyout the smaller ones.   A finance ministry official said apart from buy out by cash-rich general...
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