Finance sector – Ludic Pyjamas http://ludicpyjamas.net/ Wed, 12 Jan 2022 04:01:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.3 https://ludicpyjamas.net/wp-content/uploads/2022/01/icon.png Finance sector – Ludic Pyjamas http://ludicpyjamas.net/ 32 32 Fertility Benefits for Financial Industry Clients https://ludicpyjamas.net/fertility-benefits-for-financial-industry-clients/ Fri, 07 Jan 2022 20:29:09 +0000 https://ludicpyjamas.net/fertility-benefits-for-financial-industry-clients/ Fertility benefits help cover costs of $ 15,000 to $ 30,000 per cycle of IVF, and more for adoption or surrogacy. Equally important is the savings to the employer, as the managed benefit increases the health and productivity of expectant parents through behavioral counseling and provides professional advice that frees up hours that employees would […]]]>

Fertility benefits help cover costs of $ 15,000 to $ 30,000 per cycle of IVF, and more for adoption or surrogacy. Equally important is the savings to the employer, as the managed benefit increases the health and productivity of expectant parents through behavioral counseling and provides professional advice that frees up hours that employees would otherwise spend on research. fertility options.

Likewise, some women may consider freezing their eggs to reduce the risk of postponing the start of their family during the early years of their careers. Covering the costs of freezing eggs – typically around $ 8,000 to $ 10,000, plus drugs and storage – is much less expensive than losing an amount frame to a competitor who offers a fertility advantage.

The Case for Managing Fertility Benefits

Under an unmanaged fertility allowance, employees are essentially given a sum of money to be used as they see fit. Employees go their own way in a complicated fertility environment and make their own spending decisions. The costs are then reimbursed up to a limit specified per event or for life. Unmanaged plans cost businesses more because they offer no direction to employees and don’t put safeguards around spending.

A much better option is the Surprisingly Profitable Managed Benefit. By fully integrating financial support with clinical monitoring, training, and counseling, a managed benefit can reduce business expenses and provide better support and outcomes for employees. Expert clinical advice on managed benefits increases the likelihood of having single, healthy, full-term babies. This cuts down on expenses related to cesarean sections, preterm deliveries, and neonatal intensive care units, which research shows can cost a business anywhere from $ 64,000 to $ 80,000 per employee.

Employees with an unmanaged benefit do not receive professional assistance in navigating their family formation choices. As a result, they more often choose treatments that increase the likelihood of twins, triplets, or other multiple pregnancies. This often leads to NICU admissions and long-term health care costs for developmental issues, asthma, or cerebral palsy. This is not only a bad result for the parents but also very costly for the employer, whose group health policy will be responsible for the increased use.

The bottom line: A managed delivery offers higher success rates with reduced medical costs on several fronts. Coupled with the added value of improved recruiting, retention and productivity, a managed benefit could even pay off.

Takeaway meals

Surveys show that family-building benefits are most popular among employees in their 20s and 30s, a group that constitutes a disproportionate share of the workforce for employers in the financial sector. To meet the needs of these rising stars and junior partners, and to attract and retain this generation of talent, no benefit is more essential than a strong managed fertility program.


Dr. Roger Shedlin, JD, is the President, CEO and Founder of WINFertility, a global fertility benefit management company.

]]>
REITs withdraw 50,000 cr from the banking / financial sector https://ludicpyjamas.net/reits-withdraw-50000-cr-from-the-banking-financial-sector/ Thu, 06 Jan 2022 16:22:21 +0000 https://ludicpyjamas.net/reits-withdraw-50000-cr-from-the-banking-financial-sector/ Foreign cash outflows from the banking and financial services sector topped 50,000 crore in the first three quarters of the current fiscal year amid rich valuations of sector stocks and concerns about credit growth due to the news. variant of the coronavirus. The latest data from custodians shows that foreign portfolio investors (REITs) withdrew 50,892 […]]]>

Foreign cash outflows from the banking and financial services sector topped 50,000 crore in the first three quarters of the current fiscal year amid rich valuations of sector stocks and concerns about credit growth due to the news. variant of the coronavirus.

The latest data from custodians shows that foreign portfolio investors (REITs) withdrew 50,892 crore from the banking and financial services industry between April and December 2021. Of the total outflows, 81% or 41,249 crore came from equities while the remaining 9,743 crore was taken out of debt. Within equities, the banking sector suffered the bulk of the REIT’s cash outflows with a net outflow of 34,406 crore, while the other financials sector lost 6,842 crore in the first nine months of the year. current exercise. “The Indian financial sector, especially the stocks of private sector banks, has been performing very well over the past decade. REITs, which traditionally have high exposure to the BFSI sector, have sold bank stocks as a risk adjustment measure and to reduce their exposure to the overweighted banking sector over the medium term, ”said Kranthi Bathini, director of equity strategy at WealthMills. Securities.

“Strained valuations”

REIT flows have a significant influence on the performance of banking stocks given their highest allocation to the financial services sector. Almost a third of REIT assets under custody (AUC) are concentrated in banks and financial sector stocks.

In a recent analysis, Motilal Oswal Securities found that the Nifty Bank Index tends to underperform the Nifty benchmark during months when there are strong sales by foreign investors.

According to the study, the Nifty Bank Index underperformed the Nifty Index seven out of ten months, when REIT outflows were highest.

Ajit Mishra, vice president of research, Religare Broking, said REITs have pulled money from Indian stocks due to strained valuations and cash outflows are widespread, including the banking sector.

“The sector’s underperformance due to concerns about credit growth and asset quality may also have prompted them to pull out,” Mishra said, adding: “Concerns about disruption caused by COVID are far from over. be completed and the recent increase in COVID cases has led to new restrictions that may still impact businesses to some extent. All of these factors would remain on their radar for future positioning.

Uncertainty, credit risk

On the debt side, REITs took 9,743 crore out of the entire financial services industry. Of the total outflows, ₹ 1,714 crore came from the banking sector while the NBFC sector recorded an outflow of ₹ 8,029 crore.

“We believe that uncertainty about the economic recovery, fears of inflation and the tightening of monetary policy are major factors.

“Additionally, we believe that credit risk could also be the reason in some cases,” Religare’s Mishra said.

]]>