ULIP, investment plans in the legal cover of life insurance, are very convenient for individuals for long-term savings. These life insurance policies allow invest in various assets in the global financial markets, writes the Times of India....
According to the US government, a middle-class family spends more than $200,000 on a child under 18, excluding a college fee. People do not like to think about the risks, but it is term life insurance that can protect the child if one of the parents ...
Almost 22% of Russians would like to give their children a paid education, but only one in 10 of those is financially able to do so. This conclusion was published in the poll by TASS....
In the 3rd Q 2021, the nominal average monthly wage in the state reached 243.7 thousand tenge, 19.3% more than a year earlier. The real growth in the purchasing power of wages was 9.8%. For comparison: the average salary in the 3rd Q 2020 was 204.3 t...
Insurance, investment, and emergency savings are three pillars of any sound financial plan. People who do not understand the stock market opt for Unit Linked Insurance Plans (ULIPs)....
Despite the fact that almost every American citizen over the age of 62 today receives stable payments from the social security fund after retirement, these funds are often enough only for food and paying bills. And those among the private sector work...
The European Commission's initiative to reduce capital requirements for insurers Solvency II could lead to increased investment in environmental projects and assets that comply with environmental, social and corporate governance (ESG) principles. To ...
Freelance work means working outside the company staff, like private practice. You find customers, do the job and get paid for it. There are many representatives of art professions, IT, or advertising among freelancers. Engineers, teachers, managers,...
During the period from March to May 2020, the number of “life insurance” queries on Google has increased by 50%. This has led to a profound change in the way policies are sold, given that medical examinations have become impossible, writes Adviso...
Estate planning is an ongoing process and should be started as soon as an individual has significant assets. While life does not stand still and person’s goals change, the property allocation scheme is to be changed accordingly. Lack of professiona...
The problem of an aging population is a common problem in all developed countries. Life expectancy is increasing, the number of newborns is decreasing, and ratio of retirees to working people is gradually changing not in favor of the latter. Retireme...
Scientists developed many COVID-19 vaccines, all designed to teach the body's immune system to safely recognize and block the virus that causes COVID-19....
The second largest pension fund is Japan is expecting the highest return since 2001 amid a surge in the global stock market, Pensions & Investments reported....
At the end of 2021 the national currency rate may be at the level of 435 tenge per $1. This forecast was shared by Halyk Finance, LS reports....
According to Ramazan Dossov, a leading analyst of the Financial Institutions’ Association of Kazakhstan (FIAK), investments in tenge not only prevail in the savings structure but also demonstrate steady gradual growth dynamics....
Not all foods high in cholesterol are dangerous to the body, writes RIA Novosti....
The private sector support through government programs should be an extraordinary measure, not a permanent one. A renown financial expert Bolat Zhamishev shared this opinion in an interview with LS....
Life insurance is a financial product that can simultaneously provide insurance protection of property interests and cumulative process, writes The Economic Times....
The National Fund’s assets are $57.6 billion as of end of April 2021, having increased by $530 million over the month. The National Bank Chairman Yerbolat Dossayev shared this at a government meeting, according to the Kapital.kz business informatio...
Life insurance covers the risks associated with disability or death of the insured. The main purpose of this type of insurance is to guarantee the financial security of the insured person or his beneficiaries, according to the Free Press Journal....
