Long term savings
and investment for
particular sub
groups
Mr. Gyan Bhushan,
Executive Director
Securities and Exchange Bo...
Pre requisites for investor education
Best practices
Effective
Regulatory
environment
Quality – content
and delivery
Dedicated target groups and materials for focused approach
towards financial education
• School Children
• Young Investors...
Investor education – multipronged approach
• Investor Awareness Programs through Exchanges, depositories , trade bodies li...
Investor education – multipronged approach
• Research based approach
 districts based on savings accounts’ vs demat accou...
Investor education – multipronged approach
• Regulation based approach
 Asset Management Companies can annually set apart...
Inclusion of groups in the strategy
• National Strategy for Financial Education
 Financial Education form women
 Financi...
New Pension Scheme - sustainable and efficient
voluntary defined contribution pension system in India
• Swavalambhan Yojan...
Thank You
Upcoming SlideShare
Loading in...5
×

Gyan Bhushan - 2014 Symposium on Financial Education in Korea

168

Published on

This presentation by Gyan Bhushan was made at the High-level Global Symposium on Financial Education: Promoting Long-term Savings and Investments in Korea which explored policies and good practices for supporting long-term savings and investments through financial education and financial consumer protection. Find out more at http://www.oecd.org/daf/fin/financial-education/globalsymposiumonfinancialeducationforlong-termsavingsandinvestments.htm

Published in: News & Politics
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
168
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
14
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Gyan Bhushan - 2014 Symposium on Financial Education in Korea

  1. 1. Long term savings and investment for particular sub groups Mr. Gyan Bhushan, Executive Director Securities and Exchange Board of India High-level Global Symposium on Financial Education 26-27 February 2014, Seoul, Korea
  2. 2. Pre requisites for investor education Best practices Effective Regulatory environment Quality – content and delivery
  3. 3. Dedicated target groups and materials for focused approach towards financial education • School Children • Young Investors • Middle Income group • Executives • Home Makers ( Ladies) • Retirement planning ( to be retired group ) •Self Help groups
  4. 4. Investor education – multipronged approach • Investor Awareness Programs through Exchanges, depositories , trade bodies like Association of Mutual Funds of India (AMFI) etc. • Regional Seminars in tier II and tier III cities of the country through regional offices and local offices of SEBI • Visit to SEBI program  Management institutes/ professional bodies like ICAI/ ICSI etc.  Presentation on importance of long term savings and planning for future
  5. 5. Investor education – multipronged approach • Research based approach  districts based on savings accounts’ vs demat accounts’ penetration  Further refining based on savings, value of deposits, value  Classification of districts into HIGH / MEDIUM / LOW priority  86 districts identified
  6. 6. Investor education – multipronged approach • Regulation based approach  Asset Management Companies can annually set apart at least 2 basis points (0.02%) of daily net assets of the schemes within the maximum limit of total expense ratio  The districts identified has been shared with AMFI and distributed among various AMCs
  7. 7. Inclusion of groups in the strategy • National Strategy for Financial Education  Financial Education form women  Financial Education for the illiterate Financial Education for the differently abled ( Persons with disabilities)  Financial Education for other vulnerable groups like migrant workers etc.
  8. 8. New Pension Scheme - sustainable and efficient voluntary defined contribution pension system in India • Swavalambhan Yojana for all citizens of India (National Pension System-Lite (NPS-Lite)  with effect from April 01, 2010  to secure the future of the people who are economically disadvantaged and who are not financially well to do  Age group of 18- 60  a) Tier-I pension account: You will contribute your savings for retirement into this non-withdrawable account. b) Tier-II savings account: This is simply a voluntary savings facility. You will be free to withdraw your savings from this account whenever you wish.  Government will contribute Rs. 1000 per year to each eligible NPS account. Available only to persons who join the NPS with a minimum contribution of Rs.1,000 and maximum contribution of Rs. 12,000 per annum.
  9. 9. Thank You
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×