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Principal Retirement Advisors — a dedicated retirement solutions specialist — will look to provide holistic solutions to at least 25,000 individuals in the next three years, Sudipto Roy, Business Head, has said.
Roy said there was demand for retirement planning solutions and maintained that Indians were not averse to paying a fee for advice. This wholly-owned subsidiary of US-based Principal Financial Group will also soon start providing income tax e-filing services in the Indian market, Roy said.
Currently, Principal Retirement Advisors — which started its journey in October 2012 — have offices in 11 cities with a workforce of over 250 people.
“For the next three years, we are not looking to add new offices, but we are trying to aggressively increase our planners in each of these locations,” he said.
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