LIC has reported shifting consumer preferences within its pension segment, highlighted by robust subscription numbers for New Jeevan Shanti (deferred annuity) and Jeevan Akshay VII (immediate annuity). According to recent actuarial data, working professionals in their 40s are increasingly locking in deferred annuity rates early to secure predictable post-retirement cash flows. Experts point out that locking in rates during periods of stable interest rate cycles provides long-term financial security, protecting retirees against future inflationary pressures.
