POSTED BY July 4, 2013 12:45 pm COMMENTS (2)ON
I have read following links,
So my understanding is,
If I want to invest for long term (30 yrs.), Direct plan is better.
But, in direct plan I can save only on following commissions,
1) Commission from Client
2) Upfront Commission
and not on
3) Trail Commission
But, if I become agent and opt for regular plan with my ARN number, all commissions will come to me.
(The investments will be on my wife’s name, who is not earning)
So, in long term (30 yrs.), Regular plan (with me being the agent) is better than Direct plan, provided all remaining conditions are same.
Please correct me, if I am wrong.