The AMFI (Association of Mutual Funds in India) extends brokerage cooling-off period from 6 months to 12 months for distributors receiving trail commissions after an investor changes their ARN (distributor) code. This decision responds to industry concerns about the misuse of existing rules, particularly by large distributors like banks. Under
In FY 2025, the non-life Insurer paid out ₹46,117 crore in gross commissions, which is 15% of the total gross premium collected ₹3.06 lakh crore. These payouts were shared between retail and group insurance segments. Go Digit General Insurance had the highest commission-to-premium ratio at 29.85%, paying out ₹2,529 crore
Zerodha Fund House has launched the Zerodha Multi Asset Passive FoF(Fund of Fund), a new open-ended scheme that provides retail investors easy access to a range of asset classes through one investment. The fund uses a balanced strategy, with 30% in large-cap ETFs that track the top 100 companies, 30%
Planning a trip to South Korea? Your visa now requires detailed documents: Complete financials This helps in faster and more transparent approvals.BTW Visa Services can help prepare your file the right way.
Applying for a UK visa? ✅ Now you must upload color-scanned copies of all passport pages, even blank ones. This is mandatory during online application.Ensure your scans are clear and complete before submission.BTW Visa Services can check your documentation before you upload.
Want flexible visa submission hours? France VFS has restarted Prime Time appointment slots.You can now submit your visa documents even beyond regular hours. Perfect for working professionals and urgent travel plans.BTW Visa Services can help you secure your slot.
Planning to submit your Canada visa? Walk-in submissions are discontinued starting 31st July 2025.You now must book an appointment via VFS Global before visiting. No-slot, no-entry policy is now active.Confused? BTW Visa Services is here to assist.
Applying for a German visa from India? Now region-specific financial formats are mandatory.Ensure your bank documents are date-stamped and match the checklist of your respective consulate (Mumbai, Delhi, Chennai, etc.). This change aims to streamline documentation checks.Need help? BTW Visa Services can guide you.
The Insurance Regulatory and Development Authority of India (IRDAI) has levied a fine of ₹3.39 crore on Star Health & Allied Insurance for failing to adhere to cybersecurity regulations. The penalty was revealed by the company in a regulatory submission to the National Stock Exchange (NSE), where it admitted shortcomings
During the Foundation Day event of the Insurance Brokers Association of India (IBAI), IRDAI Member (Distribution) Satyajit Tripathy tackled an important issue regarding how improved grievance redressal can enhance insurance penetration in India. Tripathy highlighted that trust is fundamental to the insurance industry. He cautioned that if the existing trust
