Pension Funds Scheme

Pension funds are said as the pool of assets, which forms a free legal entity. The fund is formed for the purpose of financing the Pension Plan. Pension funds are important to the stock market as well that is mainly dominated by major corporate giants. Today some of the major financial institutions like HDFC, ICICI, SBI and Standard Chartered are offering pension funds to its customers. The funds are designed in such away so as to offer the best to its customers. Some of the well known funds are discussed below:
1) HDFC Standard Life: A plan that is designed to offer fixed income after the retirement. Other retirement plans that HDFC offers are HDFC Super pension plan, HDFC unit linked pension plan II, HDFC unit linked pension plan maximize II and HDFC Immediate Annuity. You can choose any of the pension plans offered by HDFC.
2) ICICI Life time super Pension Fund: This fund is developed to help people to save for their future in order to have a wonderful life even after their retirement. It’s very cost effective and delivers amazing value. This is a regular-premium unit-linked pension policy that enables one to earn fixed income after their retirement.

3) SBI Pension Fund: This fund is designed to help people in order to meet their post retirement financial needs. Various Pension Plans that are available with SBI are Horizon II Pension Plan, Unit plus II Pension and Life Long Pension Plan. The pension fund of SBI also includes Cap Assure Gratuity and Cap Assure Superannuation Schemes.

4) HSBC life Pension Fund: It is a pooled fund, which offers growth to the money of its investors. So the investors can have fixed regular income even after their retirement.

Possibly Related Posts:

Tags: Pension Fund, Pension Funds Scheme, Pension Plan, RETIREMENT PLAN