Page 30 - Insurance Times December 2022

take care of this risk of disability like the income benefit rider a fixed budget during his earning years to enable to invest in
due to accidental disability etc. a decent retirement plan. Retirement planning is a long-term
process that should start when you are young. This avoids a
The fourth D is dependence: Another risk associated with life state of one becoming a liability to his children when he
is Dependence post retirement .one should retire at some becomes old.
point of time in the life irrespective of his occupation viz.,
salaried or business owner. Once the regular monthly income The investment mantra for every salaried person is "save
stops, the real struggle starts to lead a better post-retirement something, Whatever you can, In a systematic way every
life no clue of for how many years! month over a period of 15 to 20 years. Be disciplined in not
stopping this savings. Think twice before buying unwanted
Retirement planning is an important stage of financial things by getting attracted to the on-line sale melas. If one
planning that involves finding out the current income sources follows this Investment mantra then no Fund manager in the
and future expenditure to enable to build a decent retirement world can match with this strategy in creating a huge corpus
corpus for the retired life. For this one need to learn to live on for one's medium- and long-term future financial needs.

Round table Discussion: "Risks and opportunities: responding to challenges of
the global economy" in the XII International Forum ATOMEXPO 2022

in Sochi (Russia) on November 21-22, 2022

The discussion focussed on the key challenges and risks of the
global economy in the current macroeconomic environment
as well as new potential risks that may arise in the near future
including risk-mitigating measures to counter negative
consequences of these risks.
The Speakers in the session included
Moderator:
Andrey Klepach, Chief Economist of the State Development
Corporation VEB.RF
Speakers:
Sergey Novikov, State Secretary - Deputy Director General
Dr. Rakesh Agarwal in the panel discussion
for Execution of State Powers and Budgeting, ROSATOM
A round table discussion was organised by Rosatom group, Dr. Rakesh Agarwal, Secretary General, Risk Management
Russia in the XII International Forum ATOMEXPO 2022. The Association of India
Forum was held in Sochi (Russia) on November 21-22, 2022.
Dmitry Belousov, Head of analysis and forecasting of
Nuclear energy is of particular importance given the global macroeconomic processes, Center for Macroeconomic
priority of combating climate change. The nuclear industry Analysis and Short-Term Forecasting
possesses one of the cleanest and most reliable power
Alexander Morozov, Head of Research and Forecasting
generation technologies and accepts its responsibility in Department, Central Bank of the Russian Federation
ensuring an efficient energy transition in countries and regions
Sergey Morozov, Politician of the State Duma of the Russian
around the world. Accordingly the theme of this year's forum
Federation
was "Nuclear spring": creating sustainable future".
Evegeny Petrov, Head of the Federal Agency for Subsoil Use,
The program of the XII International Forum ATOMEXPO 2022
Russian Federation
included a plenary session, as well as thematic round tables
Pavel Bereznyy, Head of Energy Department, Gazprom Neft
and panel discussions including Round table Discuss?on on
PJSC
"Risks and opportunities: responding to challenges of the
global economy" with participation of a wide range of Ilia Rebrov, Deputy Director General for Economy and
stakeholders from around the world. Finance, ROSATOM

26 December 2022 The Insurance Times