AMP Sanmar Unveils New Pension Scheme

Chennai, February 26: | Updated: Feb 27 2003, 05:30am hrs
AMP Sanmar Assurance Co Ltd has launched its pension product branded as Bhagya Shree. The plan has been structured with flexibility as the key principle, offering a host of options to suit individual needs, said AMP Sanmar chief executive officer SV Mony.

We realised that people are becoming increasingly aware of retirement solutions. The plan has options such as investing fully in debt or having a mix of equity of up to 20 per cent.

Also, the option of a life cover and accidental death and disablement benefit will be offered, Mr Mony told reporters at a press conference held here on Wednesday.