How to handle failed GICs
Article Abstract:
Confederation Life Insurance Co. issued guaranteed investment contracts (GICs) as part of tax-qualified defined contribution plans with Michigan as a US market entry point. Michigan regulators and Canadian regulators seized the insurer's operations on Aug 11, 1994 following court orders. Plan sponsors worked to protect plan participants from potential losses by purchasing the Confederation GIC from the plan, or by making an interest-free loan with sponsor payment restrictions.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
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What's new in retirement software
Article Abstract:
Various retirement planning software have been developed to aid employees in selecting pension funds and benefit plans that will maximize their investment. These software products generate personal calculations of pension and savings projections for potential benefactors and help plan sponsors minimize costs. Retirement software is integral to operations of accounting firms, mutual funds managers and financial planners.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
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A world of opportunity
Article Abstract:
Emerging international stock and bond market present a new and highly-profitable area for pension fund managers. However, fund managers should be careful about choosing investments in the emerging markets to reduce risks and maximize profits. Several key considerations in investing in emerging markets are discussed. In addition, a discussion of the top four emerging markets is presented.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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