Registration/Licensing of P1.0 Billion Pension Plans
SEC-NTD (Notice and Order) • Securities and Exchange Commission Departments • Non-Traditional Securities and Instruments Department (NTD) • Aug 15, 2005
Full text
August 15, 2005 NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT IN THE MATTER OF MANULIFE FINANCIAL PLANS, INC., Registrant. REGISTRATION/LICENSING OF P1.0 BILLION PENSION PLANS NOTICE AND ORDER Notice is hereby given that on August 1, 2005, a sworn registration statement was filed with the Securities and Exchange Commission for and on behalf of MANULIFE FINANCIAL PLANS, INC. for the additional registration/licensing of P1.0 billion pension plans with the following prices based on annual payments: Payment Term Individual Corporate I Corporate II (Year) Minimum 1 Maximum 2 Minimum 1 Maximum 2 Minimum 1 Maximum 2 I. PLAN RIGHT (Participating) Pension Plan Five P154.95 P975.00 P130.00 P812.95 P103.20 P652.05 Ten 204.10 695.90 180.70 614.90 151.30 520.70 Fifteen 260.25 611.70 230.40 541.65 192.90 457.20 Individual Corporate I Corporate II Year Minimum 3 Maximum 4 Minimum 3 Maximum 4 Minimum 3 / Maximum 4 II. Return of Payment (ROP) Rider Plan Five P116.55 P866.35 P99.35 P761.10 P79.55 P633.00 Ten 118.70 584.40 108.20 535.40 92.10 459.70 Fifteen 134.55 417.30 122.40 381.00 104.10 325.50 According to the papers presented, the following persons appear to officers/directors of the corporation: HDacIT Name Position RENATO A. VERGEL DE DIOS President & CEO DAVID BANKS Chief Finance Officer ROMEO G. CARABEO VP-Financial Actuary MACARIA TRINIDAD F. GASPAR Treasurer/SAVP-Investments ELIZABETH E. GUEVARA SAVP-Controller Said registration statement and other documents attached thereto are open to inspection by interested parties during business hours, and copies thereof, photostatic or otherwise, shall be furnished to anyone upon request as such reasonable fees as the Commission may prescribe. Any person may file an opposition thereto within ten (10) days from publication of the Notice. SO ORDERED. EDSA, Mandaluyong City, Philippines (SGD.) MERLE JOY B. PASCUAL Assistant Director Non-Traditional Securities and Instruments Department Published in The Manila Times on August 17 & 22, 2005 .
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.