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Sunday, October 02, 2016

Why you must start paying for financial advice?

Why you must start paying for financial advice?

With the Pension Fund Regulatory and Development Authority (PFRDA) allowing retirement advisors to charge 0.02% (two basis points) from customers under the National Pension System (NPS), the first step towards formalising “charge-for-advice” has been taken.
This will help both investors and retirement advisors (RAs):


 More people will be willing to push NPS which is good news because of its exposure to equity that will give better returns over longer time periods. Also, since the amount has been pegged at Rs. 100 (not less than) - Rs 1,000 (not more than) annually, returns of investors will not be hurt so much.

Why you must start paying for financial advice? Reviewed by S. Chitra on October 02, 2016 Rating: 5 Why you must start paying for financial advice? With the Pension Fund Regulatory and Development Authority (PFRDA) allowing retirement ...

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