Foreign Investment in Indian Pension Plans

Pension schemes in India The present Congress Government in India wants to give nod to Foreign Investment in Indian Pension Funds. This proposes 49% investment in the Indian pension sector. In the absence of social security cover for the burgeoning country wide population only a miniscule 12% remain in the security net of a formal pension schemes in India. It is necessary to remember that a staggering 90% of the people in this country work in the unorganized sectors without any safety net for the old age. 50% of all the production in India comes from this unorganized sector therefore it is too crucial to ignore in the best of circumstances.

Read more
  • Peaceful Post-Retirement Life

  • Tax Free Regular Income

  • Wealth Generation to beat Inflation

We are rated~
rating
58.9 Million
Registered Consumer
51
Insurance Partners
26.4 Million
Policies Sold
In-built life cover

Invest ₹6,000/month & Get Tax Free Monthly Pension of ₹60,000

Get the best returns & make the most of your Golden years

+91
Secure
We don’t spam
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs #Discount offered by insurance company
Get Updates on WhatsApp
We are rated~
rating
58.9 Million
Registered Consumer
51
Insurance Partners
26.4 Million
Policies Sold

In keeping with the insecurities of the non-pensioned segment of Indian society, there is a need to reform the present pension structure and include the maximum number of people within this financial safety net. Moreover, these reforms are needed through a fast-track process. By mobilizing the household saving through mutual funds^^, pension funds, and insurance it is possible to use it for corporate investments, which in turn paves the way for expansive financial security that includes the maximum number of people who remain deprived presently.

However, this is better said than done since the pension sector is capital intensive in all regards, therefore it requires a huge capital inflow to make the process work, and bear fruit after a suitable gestation period.  This is where the need for Foreign Investment in Indian Pension Funds comes into play. It can provide the needed long term infrastructure support required for mobilization of savings from Indian household and its subsequent use in corporate investments.

It is interesting to note that 90% of the pension assets from all over the world come from Organization for Economic Cooperation and Development (OECD) countries and ½ of the total asset contribution comes from USA. Through FDI, pension fund global companies can now target the vast Indian market, which is full of possibilities and inexhaustible opportunities. Even if India is able to attract only 1% of the total funds from the global companies, it can raise the assets from the present 5% to as much as 17% in the coming times, which is no mean achievement by any standards.

People also read: best pension plan in india

Besides this obvious one, some of the other projected benefits from proposed FDI scenario include availability of pension product to private sector employees who until now have to depend upon largely insurance-based schemes for post retirement financial security. With the introduction of foreign investment, it is possible to make new competitive and user-friendly services and products for the use of consumers. Finally, FDI also hopes to reduce the fiscal stress on both state and union governments.

Even with so many proposed benefits, there is much speculation regarding the feasibility and real benefits associated with Foreign Investment in Indian Pension Funds, no wonder the debate still rages on!

*All savings are provided by the insurer as per the IRDAI approved insurance plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
+Returns Since Inception of LIC Growth Fund
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

Secure Your Retirement Today
Start Investing ₹6,000/month
Get Pension ₹60,000/month+
Including Life Cover
View Plan
Pension Plans
+Standard T&C Applied
Insurers Offering Pension Plans

Tata AIA

Max Life

Bajaj Allianz

SBI Life

HDFC Life

ICICI Prudential

Bharti AXA Life

Edelweiss Life

Kotak Life

Future Generali

PNB MetLife

Aditya Birla Sun Life

Aviva

Ageas Federal

Bandhan Life

Canara HSBC

IndiaFirst

Pramerica Life

Reliance Life

Sahara Life

Shriram Life

Star Union

View more insurers
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Secure your Retirement today!
START INVESTING
₹6,000/month
GET PENSION
₹60,000/month+
Heart
INCLUDING LIFE COVER
+ Standard T & C Apply*
Pension Calculator
Pension Calculator
How much do you need to save for retirement?
₹ 20,000
₹ 25,000
₹ 30,000
Monthly Expenses in 2024
Edit Done
Your expense go up every year by
Today 2024 Your expenses today in 2023, at the age of 34 Yrs
Your expenses in 2043, at the age of 55 Yrs
For a monthly pension of ₹77,300
you need to invest
₹14,300/month
Calculated as per past performance of 15%
View Plan Recalculate?

Pension plans articles

Recent Articles
Popular Articles
Divyang Pension Yojana

01 Jul 2024

The Divyang Pension Scheme (DPS) is a government initiative in
Read more
Aasara Pension

01 Jul 2024

Aasara Pension is a social welfare scheme by the Government of
Read more
Atal Pension Yojana Statement

25 Jun 2024

Atal Pension Yojana is a government-backed pension scheme aimed
Read more
Madhubabu Pension Scheme

24 Jun 2024

The Madhubabu Pension Scheme is a social welfare initiative by
Read more
e-Pension

20 Jun 2024

e-Pension refers to an electronic pension management system
Read more
SBI Annuity Deposit Scheme Calculator 2024
  • 08 Jun 2021
  • 21755
SBI Annuity Deposit Scheme Calculator 2024 is an online tool that helps you figure out your fixed annuity
Read more
Top 15 Pension Plans in India
  • 14 Feb 2023
  • 6671
The Pension Plan, also known as a Retirement Plan is the best investment instrument allowing individuals to build
Read more
Sevarth Mahakosh
  • 24 May 2023
  • 10180
Sevarth Mahakosh Portal is a one-stop solution for all state government employees' financial transactions and
Read more
Vridha Pension
  • 23 Feb 2023
  • 4725
Vridha Pension is a social welfare initiative implemented by the Uttar Pradesh government in India. It aims to
Read more
NPS Calculator for Government Employees
  • 09 Dec 2021
  • 15222
National Pension Scheme or National Pension System (NPS) is launched by the Government of India for all its
Read more

top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL