A year and a half ago, Debashis Basu and I launched MoneyLIFE -- a personal finance magazine with a difference. We are happy to report that it has been extremely well received and doing well.
We take pride in putting the reader first and provide unbiased information on investment opportunities.
We go beyond mere investments and have a strong consumer focus, we help resolve consumer issues and readers’ problems and take an activist stand on matters concerning investors and consumers through a dialogue with regulators and government departments. Our regular readers know this through experience.
MoneyLIFE wants to take this effort forward and in a more focussed manner through the MoneyLIFE Foundation -- a not for profit entity.
MoneyLIFE Foundation intends to engage in the following initial activities to protect and enforce the rights of all investors or consumers of financial services -- resolving consumer issues and grievances (primarily through email), consumer education and counselling, research, awareness campaigns through seminars, and crystallising policy issues that need government intervention or regulatory changes. At the moment we intend to focus on capital markets, banking and insurance and hope to look at aviation and telecom next.
We are looking for volunteers with relevant experience, especially retired senior citizens or lawyers and chartered accountants willing to look at specific issues or activities.