LIC can raise just Rs 200 cr more: Pension

The Life Insurance Corporation of India has mopped up Rs 1,302 crore (Rs 13.02 billion) under the Varishtha Pension Bima Yojana in the first month of its launch.Considering Rs 30 crore (Rs 300......

EPFO allows 90% withdrawal to invest in pension

The Central Board of Trustees of Employees Provident Fund Organisation on Tuesday approved a scheme allowing subscribers to withdraw up to 90 per cent of the accruals to invest in Varishtha Pension......

Youth make a beeline for pension plans

If you think oldies are lining up for the new pension plans, think again. For it is actually the younger generation which is more aggressive in buying pension products to provide for their old age......

LIC postpones pension scheme indefinitely

The Life Insurance Corporation of India, who was supposed to launch the much-awaited Varishtha Pension Bima Yojana from Tuesday, has postponed the scheme indefinitely.Official sources in Mumbai......