Q1.
A pension plan is a financial plan for setting aside money to be received periodically after retirement:
Q2.
NPS, the National Pension System also called as the New Pension System is a voluntary contribution of funds for a continuous period of time (till the age of 60years).
Q3.
Which of these is not an Immediate Annuity plan:
Q4.
The pension plans offered by Mutual funds are hybrid in nature having invested in both debt and equity products.
Q5.
Mutual fund companies offer annuity products for retirement income needs