Inter-scheme transfer of assets by funds can be a source of abuse. Here is what the regulator should do to control it

The mutual fund industry has been one of the most regulated ones. Yet, analysts and critics constantly draw attention to gaps in regulation. However, the nature of operations is so complex and vast that there is always room for manoeuvring, which may not always be by the...

After the initial ‘selling’, the agent does nothing for you. Why, then, should he continue to collect commissions on the premiums you pay?

The insurance industry continues with its merry ways. I have an annual premium policy from a multinational life insurance company. Before selling it, the agent made repeated calls and visits. He collected the first cheque from my office. In the second...

Satyam was not an exception. By and large, most companies do not inspire trust, at least not mine

Trust is a very complex word. Shakespeare said, “Love everybody but trust no one.” The Satyam saga is yet another reminder to all investors that, no matter what fences you build, there is absolutely no guarantee of safety. Each time you invest, you take your chances; you have to assume that...