Funds encoureage churning to meet targets while the incentive to sell insurance is too high

Recently, I met a friend who is in the business of distribution of mutual funds and life insurance. We were discussing issues relating to selling of both and some interesting facts emerged. During a recent NFO, the regional sales head suggested to my friend that he make investors switch from existing...

Earlier, we talked about ‘Yoga of the Empty Fist’. This was about a fitness regimen without props, about ‘anytime-anywhere’ isometrics. These exercises involve static muscle contraction with no visible movement in the angle of the joint. As the name suggests (‘iso’ means ‘same’ and ‘metric’ is ‘length’), these are exercises in which the length of the muscle does not change. Isometrics came in...

…And what to do when things go wrong

For a whole generation of people, malls are a place where you go to eat, catch a movie or just hang out. Serious shopping, especially for books, clothes and electronic gizmos, is something you do online. However, those who do not understand the ways and pitfalls of the vast e-mall that is online shopping, end up angry, frustrated or simply feeling cheated;...