German pension system is close to collapse due to lack of funds, says Oliver Moody, a columnist for the British newspaper Times....
As of September 12, Kazakhstanis with retirement annuity agreements have the right to partially return money from life insurance companies back to the UAPF, the press service of the Agency of the Republic of Kazakhstan for Regulation and Development ...
Life insurance can be helpful in old age. A policy can provide for relatives after the death of its owner, or it guarantees lifelong pension payments, writes CBS News....
The Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM) adopted a resolution “On approval of the Rules for concluding retirement annuity agreement with insurance organization and transferring pension ...
Term life insurance policy is designed for a certain number of years. The most common terms are 10, 20 and 30 years. The best term life insurance policies combine affordability with long-term financial stability. Forbes Magazine talks about the featu...
To be honest, there are many those interested in spare cash of private investors, such as banks, financial institutions, ordinary shops, and even, alas, scammers. This means that one needs to carefully consider where to invest and what lies behind th...
The endowment life insurance program "Always in positive in yuan" was created as a reliable investment tool for those who want to save and increase their savings in foreign currency, U-Life reports. The insurance contract is concluded for a period of...
Universal life insurance is one type of insurance that typically offers a high level of insurance coverage coupled with a savings component: the premium paid by the policyholder is largely invested by the insurance company to increase cash value (eac...
With the advent of some life insurance products, more and more people are turning away from direct investment in the stock market and opting for unit-linked. UL is a great option for those who are inclined to make money easily but want to diversify t...
As of September 1, 13.97 trillion tenge were accumulated in the accounts of depositors of the Unified Accumulative Pension Fund. Over the year, the amount has increased by 1.02 trillion tenge or 7.9%, the UAPF press service reports....
The Freedom Life experts have learned how the Kazakhstani pension system has been changing in recent years, and why the importance of retirement annuity is increasing....
Higher education tuition fees are a major concern for 70% of UAE households. Such data was obtained as a result of a survey commissioned by Zurich International Life, writes Zawya....
Verkhovna Rada registered a draft law on the treasury pension plan. Thus, the voluntary funded system will allow citizens to make additional individual pension savings through the treasury, according to New Edition....
Modern children learn about money role in life very early. They see their parents paying money in the store and buying something for them. They hear people talking about money at home, on TV, or on the street. They early realize that money allows get...
Joint life insurance policy is a single policy that allows two people to receive pension at the expense of one insurance premium. This type of policy can provide financial security and peace of mind for couples and partners, according to Forbes Magaz...
Higher education is a serious asset for Kazakhstani people, and the need to invest in it is unquestionable. As a result, the financial market and the government are trying to expand the list of products that make it possible to pay for it. Now, with ...
Unit Linked insurance plans have been around for quite some time. However, after the pandemic, more and more people start focusing on this particular type of insurance. Modern UL products are a cost-effective option for a wide range of LIC customers....
Kazakhstanis who have spent their savings in the Unified Accumulative Pension Fund (UAPF) on the retirement annuity registration, do not currently have the opportunity to use them for personal purposes, but soon everything will change. NUR.KZ journal...
The head of state signed a new law reforming the pension savings market. Thus, the document allows life insurance companies to offer Kazakhstanis a new product, marriage annuity. The website of the Agency of the Republic of Kazakhstan for regulation ...
When saving up money, it is very important to protect it from constant inflation. An important factor here is the currency in which you save money. Everyone remembers the financial crises of the last two decades, when the tenge has depreciated in a m...