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By Tutor Chahiye
Exam Updates
25 Jun, 2025
Let’s be honest — most of us don’t really think about retirement until we’re uncomfortably close to it. It’s one of those things we assume we’ll “figure out later.” But by the time “later” arrives, it’s usually too late to fix the gaps.
That’s exactly why this new partnership between FPSB India and the NPS Trust matters.
Earlier this week, the two organisations signed a Memorandum of Understanding (MoU) — not just another bureaucratic formality, but a real attempt to shake things up when it comes to how Indians think about money, life planning, and especially retirement.
Introduction :
Welcome to the FBSP India Summit 2.0 held today in collaboration with KJ Somaya Institute of Management. My faculty colleagues and students it's really a great honor to have Dante Dro here Dori here CFP and the global CEO of FPSB to this campus and to this event here in our campus We are also very deeply grateful to CEO of FPSB India uh with whom we have had a fairly long partnership and also for giving us this opportunity to really host this wonderful and milestone event in our campus here. I think it's really important in terms of the uh the work that everybody in this room is doing uh to create um uh this this change and this journey Um and so I really appreciate the words of Dr Raman in terms of what he said uh and I echo them in terms of see professionals having a big role to play um and getting out there and and engaging with the local community to uh to empower them through education and financial literacy um and ensuring they have the capability to to undertake what they learn.
In simple terms: they’re joining forces to make financial education and retirement planning a lot more visible, understandable, and honestly, harder to ignore.
This includes everything from online campaigns and webinars, to workshops, co-branded content, and even outreach efforts for schools, offices, and public institutions. Whether you’re 25 and just starting your first job or 55 and wondering if you’ve saved enough — this initiative aims to speak to everyone.
I would like to thank Dante for coming here Dante thank you so much for joining us uh your presence makes a lot of difference to this event because, empowering new bharat right for employability and entrepreneurship One day I was sitting uh u and I thought that okay let me think about three E education to entrepreneurship to employability and then I wrote that those three E on LinkedIn and somebody called me and this person is sitting here Ankumar can you just stand up and he said that you should also use the fourth E which is empowering people right and uh I think education empowers people for employability and entrepreneurship and he's the one thank you Anand for making that happen anand is a geo physicist a scientist who became a CFP professional So thank you so much Han once again Now talking about uh the empowerment to the society if we talk about sustainable India or the new bhat of tomorrow for pixel bhat 2047.
“We believe financial education isn’t just a life skill – it’s a life changer,” said Krishan Mishra, CEO of FPSB India.
And he’s got a point. For decades, personal finance in India has been left to chance, family advice, or worse, WhatsApp forwards. Retirement planning was treated like a thing only rich or government-employed people did. But the world has changed — and the sooner we catch up, the better.
This partnership is also a reminder that planning your retirement isn’t about being old — it’s about being free. Free to explore, rest, give back, travel, or just live peacefully without being chained to your monthly income.
We're looking forward to certified financial bat 2047 we would like most of the people to learn about their finances and that would be our objective that we are actually focusing more on ensuring that each and every Indian is able to Then he did this at a temple Then he did this at a church When he did this at at a mazjid I asked him I said but uh religious place you know you are kind of closing your eyes and silent saying a silent prayer I admire that but why each one of us who are sitting in this uh room today we are tangibly going to contribute to a developed country which is India uh in in times to come and that realization is going to take us miles that realization that we are going to contribute not to just one family financial well-being of just one family but millions of them is going to take us places I challenge he uses the technology technology has democratized many things zerodha has come you can put there grow has come you you have your own way of knowing university we all say but to what extent you will believe the technology the other day I think it is Bangalore a person used the Google map and landed up in a pond.
What Will Actually Happen?
Here’s what’s on the cards:
The goal is clear: help more Indians make smarter financial decisions now, so they can live better later.
This partnership is also part of something larger — a push towards financial inclusion and Viksit Bharat (a developed India), where people aren’t just earning more, but also planning and securing their futures with confidence.
But beyond the buzzwords, this is about something simple: peace of mind. Not worrying about whether you’ll be okay in your 60s. Not depending entirely on your kids. Not being stuck because you didn’t know better.
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