Phoenix Hires Prudential Annuity Veteran
By Staff WriterNU Online News Service, Oct. 4, 2004, 4:13 p.m. EDTThe Phoenix Companies Inc., Hartford, has hired Zafar Rashid to be a senior vice president ...
October 04, 2004
New Firm Gains RIA StatusBOSTON (HedgeWorld.com)--Tuckerbrook Alternative Investments LP has been granted approval to become a registered investment adviser by the Securities and Exchange Commission. The firm, founded by Jay Yoder, a former endowment manager, officially opened its doors earlier this month (see Previous HedgeWorld Story). The company will offer three alternative investment funds:...
October 04, 2004
Proposed Legislation Could Lose Hedge Funds 'Deemed' InvestmentsSome nonqualified deferred compensation plans permit the plan's participants to have a "deemed" investment in a hedge fund. Sponsors of such nonqualified deferred compensation plans often invest in the hedge fund to avoid having an unhedged obligation to the plan's participants. Both the House of Representatives and the Senate have...
October 04, 2004
Microsoft's Announced One-Time Payment Draws Attention to Extraordinary Dividend RuleAs expected, the "qualified dividend" rules enacted last year have affected more than just the tax rate applicable to many dividends. The reduced tax rate on qualified dividends also has encouraged corporations to maintain or increase their dividend payments to investors. In July 2004, Microsoft announced an increase in its...
October 01, 2004
Standard Promotes WillinghamNU Online News Service, Oct. 1, 2004, 4:18 p.m. EDTStandard Insurance Company, Portland, Ore., has promoted Jacqueline Willingham to vice president of benefits in ...
October 01, 2004
New Mexico Gets $2 Million In Risk Pool AidNU Online News Service, Oct. 1, 2004, 4:15 p.m. EDTThe U.S. Department of Health and Human Services is giving New Mexico $2 million to ...
October 01, 2004
Principal Lobbyist To RetireNU Online News Service, Oct. 1, 2004, 5:33 p.m. EDTPrincipal Financial Group Inc., Des Moines, Iowa., has hired Richard Lawson to be a vice ...
October 01, 2004
Standard Adds Fixed, Deferred AnnuityNU Online News Service, Oct. 1, 2004, 5:35 p.m. EDTStandard Insurance Company, Portland, Ore., has introduced the Principal Growth Annuity contract.[@@]The product is a ...