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Let Your Money Work For You
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Friday, July 15, 2011

Planning to Fail : the NPS Way

At a time when people worry about the life after retirement, we come across the much trumpeted NPS failing!!!

The money wasn’t invested for years after 2004. The employees don’t have personal accounts with the NPS’s CRA (central record-keeping agency). They don’t have any first-hand information of how the investments done in their name is being managed. They don’t know what is being earned, they don’t know which fund manager is doing better and which worse.


But are you ready, when all the mess is cleaned up by the authorities.. Be on your toes not to loose sight and stop planning for retirement. Keep your documents intact. When the govt is ready with theirs, you should have your claims intact.

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