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Sunday, 11 April 2010

SEBI's order on ULIPs

Posted on 13:01 by Unknown
On 9 April (Friday), SEBI came out with an order against insurance companies selling mutual-fund-like products without being regulated as mutual funds are [pdf]. IRDA has come out with a press release and an order.

  • My immediate response in a blog post was that this underlines the problems of a silo system.


  • In Financial Express today, I have a column on the subject: SEBI rules and insurance companies.


  • See Jayant Thakur on the Indian Corporate Law blog.


  • Reportage in the Mint by Kayezad E. Adajania, N. Sundaresha Subramanian and Deepti Bhaskaran.

  • Reportage by K. V. Ramana in DNA.

  • Vivek Kaul in DNA looks at the extent to which ULIPs have an insurance component.

  • An interview with J. Hari Narayan, chairman of IRDA, in the Business Standard.

  • An editorial in DNA.

  • Gautam Chikermane has an excellent piece in the Hindustan Times.

  • Timely investment advice for us from Carl Richards on the New York Times blogs.

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