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                    [ArticleID] => 465284
                    [Title] => Prudentialife says it will service all existing plans
                    [Summary] => 
MANILA,  Philippines – Prudentialife Plans Inc. has assured all its planholders that the company would continue to service all existing plans.
                    [DatePublished] => 2009-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 256549
                    [Title] => Prudentialife fund hits P11B
                    [Summary] => The trust fund of Prudentialife Plans Inc. (Prudentialife) reached P11 billion as of March 2004, or an increase of 15 percent from P9.5 billion in the same time last year. It contributed a total of P2.1 billion to the fund end March.


Prudentialife trust fund remains liquid with 65-percent invested in government securities (GS), another 18 percent in equities and a mere seven percent in real estate.


                    [DatePublished] => 2004-07-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

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                    [ArticleID] => 203786
                    [Title] => BIR eases  VAT collection on financial deals
                    [Summary] => Recognizing the difficulty of collecting the controversial 10-percent value-added tax on financial transactions and considering that there is pending petition for a court injunction, the Bureau of Internal Revenue (BIR) has somewhat relaxed the collection of the tax.


Per Revenue Memorandum Circular 19-2003 which was signed April 24 by Internal Revenue Commissioner Guillermo L. Parayno Jr., "any under-payment or over-payment resulting from said issues shall be paid for or credited to future VAT percentage tax payments or dues, without any penalty or surcharge."


                    [DatePublished] => 2003-04-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
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                    [ArticleID] => 203572
                    [Title] => Prudential Plans suffers income drop  due to eco slowdown, new SEC rules
                    [Summary] => Prudential Plans Inc. expects its earnings to  decline in 2002 from  P250 million in 2001, due in part to  a slowdown in the economy and new Securities and Exchange Commission (SEC) regulations which include a sharp increase in capitalization and trust funds.


"On the interim, we are looking at a conservative net income in the vicinity of P150 million," Prudential Plan president  Jose Alberto T. Alba  said yesterday.


Prudential Plans, however, managed to increase its sales for the first two months of the year.


                    [DatePublished] => 2003-04-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
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                    [ArticleID] => 170144
                    [Title] => Prudentialife projects 20% growth in 2002
                    [Summary] => Prudentialife Plans, Inc. is among the first pre-need companies to comply with the P100 million minimum paid-up capital requirement by the new Securities and Exchange Commission (SEC) regulation for pre-need plan companies.


Prudentialife president Jose Alberto T. Alba said the new SEC regulation should strengthen the pre-need industry, as it would protect the interest of the buying public.


Prudentialife posted P626.3 million in sales, a 12-percent increase in new sales accounts for the year 2001 and now eyes a 20-percent sales growth for 2002.


                    [DatePublished] => 2002-07-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

JOSE ALBERTO T

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                    [ArticleID] => 465284
                    [Title] => Prudentialife says it will service all existing plans
                    [Summary] => 
MANILA,  Philippines – Prudentialife Plans Inc. has assured all its planholders that the company would continue to service all existing plans.
                    [DatePublished] => 2009-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 256549
                    [Title] => Prudentialife fund hits P11B
                    [Summary] => The trust fund of Prudentialife Plans Inc. (Prudentialife) reached P11 billion as of March 2004, or an increase of 15 percent from P9.5 billion in the same time last year. It contributed a total of P2.1 billion to the fund end March.


Prudentialife trust fund remains liquid with 65-percent invested in government securities (GS), another 18 percent in equities and a mere seven percent in real estate.


                    [DatePublished] => 2004-07-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 203786
                    [Title] => BIR eases  VAT collection on financial deals
                    [Summary] => Recognizing the difficulty of collecting the controversial 10-percent value-added tax on financial transactions and considering that there is pending petition for a court injunction, the Bureau of Internal Revenue (BIR) has somewhat relaxed the collection of the tax.


Per Revenue Memorandum Circular 19-2003 which was signed April 24 by Internal Revenue Commissioner Guillermo L. Parayno Jr., "any under-payment or over-payment resulting from said issues shall be paid for or credited to future VAT percentage tax payments or dues, without any penalty or surcharge."


                    [DatePublished] => 2003-04-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 203572
                    [Title] => Prudential Plans suffers income drop  due to eco slowdown, new SEC rules
                    [Summary] => Prudential Plans Inc. expects its earnings to  decline in 2002 from  P250 million in 2001, due in part to  a slowdown in the economy and new Securities and Exchange Commission (SEC) regulations which include a sharp increase in capitalization and trust funds.


"On the interim, we are looking at a conservative net income in the vicinity of P150 million," Prudential Plan president  Jose Alberto T. Alba  said yesterday.


Prudential Plans, however, managed to increase its sales for the first two months of the year.


                    [DatePublished] => 2003-04-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 170144
                    [Title] => Prudentialife projects 20% growth in 2002
                    [Summary] => Prudentialife Plans, Inc. is among the first pre-need companies to comply with the P100 million minimum paid-up capital requirement by the new Securities and Exchange Commission (SEC) regulation for pre-need plan companies.


Prudentialife president Jose Alberto T. Alba said the new SEC regulation should strengthen the pre-need industry, as it would protect the interest of the buying public.


Prudentialife posted P626.3 million in sales, a 12-percent increase in new sales accounts for the year 2001 and now eyes a 20-percent sales growth for 2002.


                    [DatePublished] => 2002-07-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Prudentialife says it will service all existing plans

By Ted P. Torres | May 9, 2009 - 12:00am

MANILA, Philippines – Prudentialife Plans Inc. has assured all its planholders that the company would continue to service all existing plans.

Business

Prudentialife fund hits P11B

July 6, 2004 - 12:00am

The trust fund of Prudentialife Plans Inc. (Prudentialife) reached P11 billion as of March 2004, or an increase of 15 percent from P9.5 billion in the same time last year. It contributed a total of P2.1 billion to...

Banking

BIR eases VAT collection on financial deals

By Ted P. Torres | April 26, 2003 - 12:00am

Recognizing the difficulty of collecting the controversial 10-percent value-added tax on financial transactions and considering that there is pending petition for a court injunction, the Bureau of Internal Revenue...

Business

Prudential Plans suffers income drop due to eco slowdown, new SEC rules

By Ted P. Torres | April 24, 2003 - 12:00am

Prudential Plans Inc. expects its earnings to decline in 2002 from P250 million in 2001, due in part to a slowdown in the economy and new Securities and Exchange Commission (SEC) regulations which include a sharp...

Business

Prudentialife projects 20% growth in 2002

July 30, 2002 - 12:00am

Prudentialife Plans, Inc. is among the first pre-need companies to comply with the P100 million minimum paid-up capital requirement by the new Securities and Exchange Commission (SEC) regulation for pre-need plan...

Business