sir you have to focus more on this product no one encash this long term opp.

Tata Retirement Savings Fund is an opportunity which is misunderstood. Many of co – IFAs have criticized that since it is a retirement kind of product, the returns will be less, which is not the case. Further, they argued that retirement corpus can be built through other funds too but they are only partly correct. In reality as those in other diversified funds increase in value, the investor itches to book profits as soon as possible, because the wealth created is not linked to an objective. My experience with TRSF is that it provides ample choice for allocation as per risk profiling and the nomenclature of the fund helps against redemption. Few people want to redeem the money that is being accumulated for their retirement (akin to why people do not withdraw from PPF or PF accounts) as TRSF is linked to the goal for retirement. During the distribution phase too, we can set up an adequate SWP solution to take care of the needs at least partially.

ARTICLE IS VERY EXCELLENT BUT PEOPLE NOT AT ALL TAKING SERIOUS ABOUT RETIREMENT PLANNING.LAST 8 YEARS OBSERVATION.

Very informative article.

Yes. There must be some provision like this for the IFAs. Though some AMCs are offering life/mediclaim insurance, contributions to Retirement Funds, accident insurance and other schemes providing income after sudden death etc but all these things are on the basis of business performance and that too under some campaign or specific short period performance etc. There should be more emphasis on overall business performance over the years say 5, 10, 15, 20, 25 like that and continuity of business shoudl also be considered in additional to only the volume of business during NFO or campaign period.

ANY profession there is retirement age but for ifa only work till death there is some norms after at lest 70 that without renewal ifa can get trail till death pl. comment all ifa on this issue.

Very thought provoking.

Well thought and convincing.