CRE­AT­ING A NEST EGG

The Financial Express - - PERSONAL FINANCE -

Prov­i­dent fund has been a tra­di­tional in­vest­mentcum-tax sav­ing op­tion for re­tire­ment plan­ning and the statu­tory na­ture of Em­ployee Prov­i­dent Fund for salar­ied em­ploy­ees helps in­vest­ments in this as­set class. Also, re­tail in­vestors put money in insurance for in­vest­ment and pro­tec­tion and with a grow­ing work­force, pen­sion funds would grow rapidly.

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