Loyola Institute of Business Administration (LIBA), Chennai and National Institute of Securities Market (NISM) — an education initiative of Securities and Exchange Board of India (SEBI) — conducted a session on financial planning for the supportive staffs of LIBA on April 26. This was the first programme conducted under the MoU signed between LIBA and NISM in March 2018.
More than 35 supportive staff attended the session. TR Arulrajhan, CEO, ECTRA - Equity, Commodity Training &Research Academy, addressed the staff on the importance of financial goals and the ways to achieve them by investing in the right asset class. The session highlighted the significance of proper insurance and leading a healthy life post-retirement by managing the cost of living and healthcare expenses. The event ended with an interactive session
Arulrajhan said: “Financial planning is a key area in an individual’s life and one should be aware of their financial planning as it will help lead a healthy life post retirement. It is important to have financial goals and be aware of the ways to take care of financial commitments. The key earning member of the family needs to have proper insurance to take care of their dependents in case an untoward incident occurs.”