Registration/Licensing of P2.0 Billion Worth of Pension Plans

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Registration/Licensing of P2.0 Billion Worth of Pension Plans

NTD (Notice and Order)

June 13, 2007

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Securities and Exchange Commission Departments

SEC Non-Traditional Securities and Instruments Department

Corporate

Registration/Licensing of P2.0 Billion Worth of Pension Plans

NTD (Notice and Order)

June 13, 2007

June 13, 2007NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENTIN THE MATTER OF PRUDENTIALIFE PLANS, INC., registrantREGISTRATION/LICENSING OF P2.0 BILLION WORTH OF PENSION PLANSNOTICE AND ORDERNotice is hereby given that on March 9, 2007 and June 6, 2007, sworn registration statement and other documents, respectively, were filed with the Securities and Exchange Commission for and on behalf of PRUDENTIALIFE PLANS, INC., for registration/licensing of additional securities covering 23,000 pension plans worth P2.0 billion with details as follows:  Type of Plan Number of Plans Amount to be Registered Total 23,000 P2,000,000,000Fund Starter 2,000 130,000,000Fund Builder 1,500 120,000,000Fund Builder Plus 500 50,000,000Premium Fund Builder 6,000 500,000,000Wealth Builder 13,000 1,200,000,000This plan with maturity of P10,000 per unit will be sold at the following contract prices based on annual installments:a. Pension Fund Series   Band 1 (Maturity Value of less than P200.000) Payment Fund Starter Fund Builder Fund Builder Plus Premium Fund Builder Term Minimum 1 Maximum 2 Minimum 1 Maximum 2 Minimum 1 Maximum 2 Minimum 1 Maximum 2Spot Cash P2,585 P8,047 P3,324 P8,831 P3,674 P15,625 P4,249 P15,8912 Years 2,666 8,296 3,428 ...
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Registration/Licensing of P2.0 Billion Worth of Pension Plans

Tags

Securities and Exchange Commission Departments

SEC Non-Traditional Securities and Instruments Department