Principal Financial Group Chairman and CEO Receives Lifetime Achievement Award

BB&T paid $570 million in cash to complete the transaction, which is expected to be accretive to earnings and to add approximately $300 million in annual revenue to BB&T Insurance. The acquisition did not include Crump’s retirement services business (Ascensus).

HealthPlan Holdings, Inc., Tampa, Fla., a provider of outsourced solutions to insurers in the individual, fully insured group, union trust and voluntary benefits markets, appointed Stephen Saft as its CFO and Chief Administrative Officer. In this role, Saft will manage the overall financial and accounting functions for the company’s business lines and lead all corporate administrative services. An industry veteran with more than 15 years in the healthcare services field, Saft most recently served as CFO and CAO at CCS Medical, a provider of medical supplies. During his tenure with the company, he was also a member of the Office of the President. Prior to CCS, he was CFO and treasurer of Priority Healthcare Corp., a Fortune 1000 company that distributed and managed biopharmaceutical therapies.

Saft’s background also includes work with international accounting firms Deloitte LLP and PricewaterhouseCoopers LLP.

Advisors Excel, Topeka, Kan., is one of a select group of distributors to offer the Total Value Annuity from Security Benefit Life Insurance Company.

Total Value Annuity offers protection for both purchase payments and previous gains, as well as the opportunity for income growth even when the stock and bond markets decline simultaneously.

The Total Value Annuity offers a unique index interest crediting option not directly tied to stock and bond markets. Instead, it’s linked to the proprietary, Annuity Linked TVI (ALTVI) – an index comprised of 24 highly liquid futures contracts representing physical commodities, global currencies and U.S. interest rates. The ALTVI uses a disciplined process to take advantage of market movements with long and short positions to capture gains and minimize volatility.

Policyholders have the flexibility to allocate assets among three different crediting options – interest rates linked to the ALTVI, the S&P 500 (excluding dividends), and a guaranteed fixed interest rate.

The TVA may be purchased up to age 80 with nonqualified money or through a traditional or Roth IRA. This is an option for individuals wanting to roll over money from a 401(k) or other employer sponsored plan when they retire or separate from service. The minimum purchase amount to get started is $25,000.

John Hancock Financial, Boston, Mass., closed-end funds declared their monthly distributions.

Declaration date: April 2
Ex date: April 10
Record date: April 12
Payment date: April 30 

A portion of a Fund’s current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be sent to shareholders at the time of payment if it does not consist solely of net investment income. Such notice will also be posted to the Funds’ website at www.jhfunds.com.