Bangalore-based certified financial planner Anil Rego recalls how a client of his was sold a single-premium unit-linked insurance plan (Ulip) by a bank representative on the pretext of a high-return fixed deposit. Rego's client bought the argument ... Smart Investor, 1 day ago
And mis-selling isn't new in the financial system. According to a story published in Business Standard today, Mis-selling instances occur more often with ignorant individuals and with those who trust their bank representatives blindly. Though there ...Firstpost.com, 1 day ago
There is a sense of uncertainty among investment professionals and investors. The recent fall in gold prices, the last safe haven of investors, is clearly an indication. Global reasons such as Cyprus' possible sale of gold reserves or problems that ...Smart Investor, 1 month ago
Despite the Reserve Bank of India (RBI) reducing policy rates by 25 basis points, gilt funds might not be the best investment option in the near future. In an ideal market, falling interest rates push gilt prices up, resulting in higher net asset ...Smart Investor, 2 months ago
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