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<h1>Market-linked pension plans offer flexible accumulation and portfolio switching with full premium allocation and regulatory disclosures.</h1> Canara HSBC Life Insurance launched the EZ Pension Plan with Policybazaar as a market-linked pension plan to help individuals build retirement corpus through market exposure. Key operative features are zero allocation charges (100% premium allocation), policyholder choice of retirement age and premium payment term, and unlimited free fund switches during the policy term. The plan is available on Policybazaar, and the issuer has filed a draft red herring prospectus regarding a potential IPO, with a caution that investors should rely on the eventual RHP and disclosed risk factors.