Monday, August 03, 2009

Savitri Era Religion needs intermediaries

[Three months on, new pension scheme has few takers
Indian Express - Despite incentives announced by the Finance Minister in the Union Budget, not many people have opted for the New Pension Scheme (NPS) as a saving tool for retirement needs... “People are not yet fully aware of the benefits of the scheme. Lack of knowledge and financial literacy among people are some of the bottlenecks that haven’t allowed the scheme to take off fully..." All merits of the scheme seem to have been eclipsed by lack of intermediaries. At present, the onus of marketing and promotion relies solely on the regulator. There are no intermediaries.]

Savitri Era Religion too languishes owing to lack of adequate intermediaries. [TNM]

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