June 13, 2007
NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT
IN THE MATTER OF PRUDENTIALIFE PLANS, INC., registrant
REGISTRATION/LICENSING OF P2.0 BILLION WORTH OF PENSION PLANS
NOTICE AND ORDER
Notice 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 P2,000,000,000
Fund Starter 2,000 130,000,000
Fund Builder 1,500 120,000,000
Fund Builder Plus 500 50,000,000
Premium Fund Builder 6,000 500,000,000
Wealth Builder 13,000 1,200,000,000
This 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 2
Spot Cash P2,585 P8,047 P3,324 P8,831 P3,674 P15,625 P4,249 P15,891
2 Years 2,666 8,296...