Life insurance

Aviat Networks (AVNW) Delays Annual Report, Stock Tumbles - Hagens Berman

Retrieved on: 
Thursday, September 12, 2024
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Hagens Berman urges Aviat Networks, Inc. (AVNW) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • Hagens Berman urges Aviat Networks, Inc. (AVNW) investors who suffered substantial losses to submit your losses now .
  • The firm also encourages persons with knowledge who may assist the investigation to contact its attorneys.
  • If you invested in Aviat Networks and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
    If you’d like more information and answers to frequently asked questions about the Aviat Networks investigation, read more »
    Whistleblowers: Persons with non-public information regarding Aviat Networks should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.
  • Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.

DexCom (DXCM) Sales Force Changes Drove Poor Execution, Disappointing Outlook, & 40% Stock Drop, Class Action Pending - Hagens Berman

Retrieved on: 
Thursday, September 12, 2024
Knowledge, DXCM, J. P. Morgan, Overweight, SAN, Patient, Person, Dexcom, Hagens Berman, Life insurance

The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.

Key Points: 
  • The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.
  • DexCom, a prominent provider of continuous glucose monitoring systems, is under intense scrutiny from investors and analysts following a dismal earnings report.
  • DexCom’s management attributed these challenges to a disruptive sales force expansion, raising questions about the company’s transparency regarding its strategic challenges.
  • Prominent shareholder rights firm Hagens Berman has initiated an investigation into potential violations of U.S. securities laws by DexCom.

Spire Global (SPIR) Admits Accounting Errors More Extensive Than Initially Revealed, Amid Investor Class Action - Hagens Berman

Retrieved on: 
Thursday, September 12, 2024
Person, Action Replay, Bank statement, SPIR, SAN, Hagens Berman, Life insurance

SAN FRANCISCO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Spire Global, Inc. (NYSE: SPIR) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Spire Global, Inc. (NYSE: SPIR) investors who suffered substantial losses to submit your losses now .
  • Class Action Lawsuit Against Spire Global, Inc. (SPIR):
    Spire Global, the beleaguered space data provider, has managed to stave off financial distress by securing a waiver and amendment to its debt obligations with Blue Torch Capital.
  • The agreement, reached on Aug. 27, 2024, provides immediate relief from leverage ratios in exchange for a hefty price tag.
  • “Spire Global's recent admissions of accounting irregularities raise serious concerns about the company's corporate governance and financial practices,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

Equitable Enhances Flagship Retirement Solution for K-12 Educators

Retrieved on: 
Thursday, September 12, 2024
Insurance, Human Resources, Finance, Consulting, Professional Services, Preschool, Primary, Secondary, Other Professional Services, Education, EQUI, Index, Research, Equitable Holdings, Growth, Retirement, Longevity, Series, Pension, Risk, United, Teaching, Life insurance

Equitable , a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH ), today announced a new series to its EQUI-VEST line of deferred variable annuity products, EQUI-VEST® Series 202.

Key Points: 
  • Equitable , a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH ), today announced a new series to its EQUI-VEST line of deferred variable annuity products, EQUI-VEST® Series 202.
  • This enhanced version is designed to help educators supplement their retirement savings by providing additional choices, flexibility and a level of certainty.
  • “Nearly six in ten Americans view the current economic conditions in the U.S. as highly volatile, according to a recent Equitable survey.2 This has workers increasingly looking for solutions to help grow and protect their retirement savings,” said Jim Kais, Head of Group Retirement for Equitable.
  • At retirement, plan participants have the option of turning their 403(b) account values into guaranteed income for the rest of their lives.

Innovative Topsider Fixed Indexed Annuity Launched by Oceanview Life and Annuity Company and Simplicity Group

Retrieved on: 
Thursday, September 12, 2024
Asset Management, Professional Services, Insurance, Finance, Simplicity, Life, Growth, Retirement, Partnership, Topsider, Multimedia, Life insurance

Oceanview Life and Annuity Company, a leader in innovative retirement solutions, and Simplicity Group (“Simplicity”), a leading financial products distribution company, today announced the launch of the Oceanview Topsider Fixed Indexed Annuity (Topsider FIA).

Key Points: 
  • Oceanview Life and Annuity Company, a leader in innovative retirement solutions, and Simplicity Group (“Simplicity”), a leading financial products distribution company, today announced the launch of the Oceanview Topsider Fixed Indexed Annuity (Topsider FIA).
  • The Topsider FIA is designed to provide clients with enhanced growth potential while maintaining the principal protection that is a hallmark of fixed indexed annuities.
  • Key features of the Oceanview Topsider FIA include:
    The Topsider FIA is now available exclusively through Simplicity Group's extensive network of financial professionals.
  • For more information about the Oceanview Topsider Fixed Indexed Annuity, please contact your Simplicity Group representative or visit https://www.simplicitygroupcom/contact/ .

WealthLock Accumulator 5 Year Named to Barron's List of 100 Best Annuities

Retrieved on: 
Thursday, September 12, 2024
Growth, Investment, News, FSR, FIA, Dow Jones & Company, Barron's, Life insurance

BOZEMAN, Mont., Sept. 12, 2024 /PRNewswire-PRWeb/ -- WealthVest, a leading financial services distribution firm, announced that Barron's has included the WealthLock Accumulator 5 fixed index annuity – developed jointly by WealthVest and Aspida Life Insurance Company ("Aspida") – in their recently published "100 Best Annuities" annual guide.

Key Points: 
  • BOZEMAN, Mont., Sept. 12, 2024 /PRNewswire-PRWeb/ -- WealthVest, a leading financial services distribution firm, announced that Barron's has included the WealthLock Accumulator 5 fixed index annuity – developed jointly by WealthVest and Aspida Life Insurance Company ("Aspida") – in their recently published "100 Best Annuities" annual guide.
  • The WealthLock Accumulator FIA, exclusively distributed by WealthVest's nationwide wholesaling team, is designed to optimize growth, protect savings and provide tax advantages for consumers.
  • Barron's specifically recognized the FIA's 5-year solution in the category of best fixed-indexed annuities for accumulation — commission-based.
  • "WealthLock Accumulator is a compelling solution for many consumers, especially with the embedded QuarterLock® feature on the FIA's high watermark strategies.

Putnam Investments Announces 19(a) Notices for Closed-End Municipal Funds

Retrieved on: 
Wednesday, September 11, 2024
Professional Services, Finance, Total, Calendar, Tax, Fund, NAV, Policy, Life insurance

*Most recent distribution annualized and divided by NAV at the end of the period.

Key Points: 
  • *Most recent distribution annualized and divided by NAV at the end of the period.
  • **Total fiscal period distributions annualized and divided by NAV at the end of the period.
  • You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Distribution Policy.
  • A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.

Putnam Investments Announces 19(a) Notices for Closed-End Funds

Retrieved on: 
Wednesday, September 11, 2024
Asset Management, Professional Services, Finance, Calendar, PPT, Fund, CUSIP, Life insurance

Putnam estimates that $0.0180 per share of Putnam Master Intermediate Income Trust’s dividend is paid from accumulated net investment income, and $0.0040 per share represents a return of capital.

Key Points: 
  • Putnam estimates that $0.0180 per share of Putnam Master Intermediate Income Trust’s dividend is paid from accumulated net investment income, and $0.0040 per share represents a return of capital.
  • These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund.
  • A non-taxable return of capital, if any, cannot be determined until after the end of the fund's fiscal year.
  • Putnam estimates that $0.0206 per share of Putnam Premier Income Trust’s dividend is paid from accumulated net investment income, and $0.0054 per share represents a return of capital.

Roundhill Investments Announces XDTE and QDTE Distributions for September 13, 2024

Retrieved on: 
Wednesday, September 11, 2024
Funding, NAV, Life insurance

For the most recent standardized and month-end performance, please click here: XDTE , QDTE .

Key Points: 
  • For the most recent standardized and month-end performance, please click here: XDTE , QDTE .
  • The Funds currently expect, but do not guarantee, to make distributions on a weekly basis.
  • Distributions in excess of the Funds' current and accumulated earnings and profits will be treated as a return of capital.
  • As of the Funds' most recent distributions, the distribution composition was estimated to be 100% return of capital.

Labour is talking about a wealth tax again – what are its options and what might work?

Retrieved on: 
Wednesday, September 11, 2024
Well, Green Party, CIT, Tax, OECD, GST, Policy, Tax Working Group, Thomas Piketty, Labour Party, Income tax, CGT, Party, Life insurance

This comes barely a year after the party ruled out a wealth tax or capital gains tax if they won the 2023 election.

Key Points: 
  • This comes barely a year after the party ruled out a wealth tax or capital gains tax if they won the 2023 election.
  • But how is this different from the other tax options on wealth and capital gains?

The basic wealth tax

  • A wealth tax typically has a low tax rate.
  • Norway’s wealth tax, for example, has a rate of 1%.
  • Even one of New Zealand’s wealthiest men, Bruce Plested, billionaire co-founder of Mainfreight, has supported the idea of a wealth tax.
  • An individual could have $2 million in assets before the wealth tax would need to be paid.
  • A tax policy that forces people to sell their assets to pay tax is likely to be politically unpalatable.

Taxing capital and land

  • A land tax is a tax only on land.
  • Land taxes have some advantages – they are hard to avoid or evade as you can’t move or hide land, for example.
  • For example, productive land, Māori land or the family home can be excluded.
  • Wealth and land taxes do not rely on a transaction but relate to property that exists and can be valued.

Where capital income tax is different

  • Labour’s CIT aims to calculate income (and tax) based on a person’s capital holdings.
  • While the details are not yet clear, it’s about taxing what people “ought” to receive as income, based on the assets they and their families beneficially own.

Fair taxation