News Desk, News Nation 360 : With the introduction of "ICICI Pro Signature Pension," a market-linked pension product from ICICI Prudential Life Insurance, clients may design a retirement plan that is both affordable and tax-efficient. Making financial independence a priority for all consumers requires careful planning for retirement. With the use of this special solution, clients can efficiently plan for both the income and savings phases of retirement planning. With this product, consumers can optimise their returns by having 100% equity exposure and unlimited free changes between debt, equity, and balanced funds. We are also providing two additional funds in addition to this product: the ICICI Pru Pension India Growth Fund and the ICICI Pru Pension Balanced Fund. The product offers flexibility for individuals to achieve their financial goals. The ability to advance or postpone the income start date can benefit those aiming for early retirement (FIRE), while customers seeking retirement income can defer it. Additionally, the tax-free withdrawal of up to 60% of accumulated savings at the end of the policy term allows for purchasing an annuity for guaranteed lifetime income. Announcing the counter launch, Amit, Chief Distribution Officer, ICICI Prudential Life Insurance stated that with great pleasure, they present ICICI Pro Signature Pension, a market-linked product that lets clients expand their retirement corpus by taking part in India's economic expansion.
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