n NISM Certifications
X NISM Series X
Medium

The retirement corpus should be reviewed whenever there are significant changes in a person’s financial situation to ensure that the accumulated savings remain adequate to meet future needs.

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Every year

  2. Every time there is a significant change in financial situation

    Correct answer

  3. C

    Closer to the distribution period

  4. D

    Never

Why this is the answer

Regular review of the retirement corpus is essential, especially following any major financial change, to adjust contributions and investment strategies accordingly.

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