India faces a staggering retirement gap of $96 trillion. In this episode, Mr. Sriram Iyer, MD & CEO of HDFC Pension, delves into the pressing need for a robust retirement planning framework and how the National Pension Scheme (NPS) can bridge this gap.
Here’s what we covered:
Why India’s retirement gap is growing and the cost of delaying retirement savings
How NPS compares to other pension products in India and why it’s superior
The key advantages of NPS: tax benefits, low management fees and flexibility
The future of retirement planning: leveraging technology, policy interventions and financial literacy to improve adoption
A look at the global pension landscape and what India can learn from developed nations
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