With the new plans, an aggressive investor is likely to get one per
cent guaranteed return.
«On its website, Investec is offering a 5.3 per
cent guaranteed return on fixed deposits for 90 days.
Not exact matches
«You gain the opportunity to benefit from potential
returns that stock markets provide, while your principal remains 100 per
cent guaranteed, just like a traditional GIC.»
In other words, paying off a credit card balance is equivalent to earning a
guaranteed 30 per
cent rate of
return, assuming you are in a 33.5 per
cent income tax bracket.
Unlike a conservative investor who favours fixed income investments like bonds or GICs, he says, a more aggressive investor — or someone with no less than 50 per
cent stocks in their portfolio — will be more likely, though not
guaranteed, to net a higher
return.
Index - linked GICs, sold by chartered banks,
guarantee return of all money invested with zero
return if their underlying investment indexes lose value and some
return, usually about 60 per
cent of index performance, if the defined market rises.
Seventy - seven per
cent believe the fear of poor market performance is driving investors to boost their cash holdings, even though 67 % view cash as ultimately leading to «a
guaranteed negative
return.»
All holiday tours include home pick - up and
return, superior motel style accommodation, luxury coach travel, all sightseeing and entries and their unique 100 per
cent travel refund
guarantee.
While the Insurance Regulatory and Development Authority (IRDA) came out with new rules on Unit linked insurance policies (Ulips) in September 2010, it also changed the guidelines for Ulip pension plans which talked of offering a
guaranteed return of 4.5 per
cent.
Under the new guideline, IRDA has fixed the floor on
guaranteed returns from ULIP pension plans at 4.5 per
cent, which will greatly benefit policyholders saving up for retirement.
IRDA, the insurance regulator, changed guidelines for ULIP pension plans in September 2010, requiring pension plans to offer a
guaranteed return of 4.5 per
cent.
Several private insurance companies are mulling offering new pension schemes after IRDA (Insurance Regulatory and Development Authority) revised pension product guidelines and removed the 4.5 per
cent return guarantee requirement.
Some of these are sold in the garb of
guaranteed return plans, and promise to offer 9 - 10 per
cent return every year from the end of the premium paying term until the end of the policy term.
Save Assure is a traditional endowment plan that protects finances by providing
guaranteed returns with policy terms of 15 and 17 years, premium payment terms of 10 and 12 years, no premiums payable in the last five policy years and
guaranteed return of 115 per
cent of the sum assured, the company said.
The Insurance Regulatory and Development Authority (Irda) has decided to do away with the 4.5 per
cent guaranteed annual
return clause from pension products.
Effective September 1, Ulips will offer a minimum
guaranteed annual
return of 4.5 per
cent on pension plans, a 10 - times increase in the minimum risk cover, even distribution of charges across the increased five - year lock - in period and a ceiling on net and gross yields after that.
Guaranteed, but low returns on pension plans: A pension / annuity plan will offer guaranteed annual returns of 4.5 per cent — just 1 per cent more than the savings deposit rate of 3.5
Guaranteed, but low
returns on pension plans: A pension / annuity plan will offer
guaranteed annual returns of 4.5 per cent — just 1 per cent more than the savings deposit rate of 3.5
guaranteed annual
returns of 4.5 per
cent — just 1 per
cent more than the savings deposit rate of 3.5 per
cent.