The most notable change is for non-government subscribers, who can now withdraw up to 80 per cent of their NPS corpus as a lump sum under specified conditions.

NPS reforms now allow non-government subscribers to withdraw up to 80% of their corpus under various conditions, a significant increase from the previous 60% limit. This change offers greater ...

The latest Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) ...

PGIM Short Duration Multi-Sector Bond Fund outperformed its benchmark, the Bloomberg U.S. 1-3 Year Gov/Credit Bond Index, on ...

A Stamford alternative asset manager plans to buy an Indiana-based provider of fixed and fixed indexed annuity products for $550 million, while also selling a 50% ownership stake in its own parent ...

A Connecticut judge signed off Tuesday on changes to a moratorium on benefits available to the financially troubled PHL Variable Insurance Co.

TOPEKA, Kan. (WIBW) - A big concern facing retirees is making sure their money lasts as long as they do. Carl Carlson, founder and CEO of Carlson Financial, visited Eye on NE Kansas to explain how ...

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If you’re considering using some or all of your retirement savings to buy an annuity, or income for life, you’ll want to know how long you’ll need to live before you start receiving more than you ...

Stubbornly higher inflation has triggered more retirees to buy annuities where the income they get increases each year in line with consumer prices – as well as products that pay out more if you are ...

Total US annuity sales reached $119.5 billion in the second quarter, an 8% increase from a year ago and the highest quarterly result on record, according to LIMRA’s latest US Individual Annuity Sales ...

An annuity can provide you with a steady stream of income, ensuring that you have money when you need it. That’s why many people turn to annuities during retirement, to be sure that they have cash ...