Life insurance

KKR Income Opportunities Fund Q4 Investor Call Now Available

Retrieved on: 
Wednesday, February 23, 2022

KKR Income Opportunities Fund (the Fund) (NYSE: KIO) announced today that the Q4 investor call is now available on the Funds website.

Key Points: 
  • KKR Income Opportunities Fund (the Fund) (NYSE: KIO) announced today that the Q4 investor call is now available on the Funds website.
  • KKR Income Opportunities Fund is a diversified, closed-end management investment company managed by KKR Credit Advisors (US) LLC (KKR Credit), an indirect subsidiary of KKR & Co. Inc. (KKR).
  • The Funds primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation.
  • For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co.

Timber Operators Council Retirement Plan entrusts Prudential to fulfill $245 million in pension promises to 3,000 retirees and deferred participants

Retrieved on: 
Wednesday, February 23, 2022

Prudential Financial, Inc. (NYSE: PRU) today announced a pension risk transfer transaction, by which Timber Operators Council Retirement Plan (TOCRP) settled approximately $245 million of its pension plan obligations, for approximately 3,000 retirees, beneficiaries and deferred participants, through the purchase of a group annuity contract from The Prudential Insurance Company of America (PICA).

Key Points: 
  • Prudential Financial, Inc. (NYSE: PRU) today announced a pension risk transfer transaction, by which Timber Operators Council Retirement Plan (TOCRP) settled approximately $245 million of its pension plan obligations, for approximately 3,000 retirees, beneficiaries and deferred participants, through the purchase of a group annuity contract from The Prudential Insurance Company of America (PICA).
  • The multiple employer plan1 segment is a developing area of the pension risk transfer market, and Prudential is excited to help meet the retirement security needs of these organizations, said Alexandra Hyten, Head of Pension Risk Transfer and Structured Settlements for Prudential Retirement Strategies.
  • Prudential revolutionized the modern pension risk transfer market with its pioneering pension buy-outs with General Motors and Verizon in 2012.
  • With more than 90 years of retirement experience, Prudential Retirement Strategies helps meet the needs of more than 2 million customers and provides retirement income of more than $18 billion annually.

Retirees Depleting Retirement Plan Lump Sums Faster than Five Years Ago

Retrieved on: 
Wednesday, February 23, 2022

According to MetLifes 2022 Paycheck or Pot of Gold Study, a growing proportion of retirees are depleting their lump sums at faster rates than previously seen.

Key Points: 
  • According to MetLifes 2022 Paycheck or Pot of Gold Study, a growing proportion of retirees are depleting their lump sums at faster rates than previously seen.
  • Today, one in three retirees (34%) who took a lump sum from their DC plan, depleted the lump sum in 5 years, on average.
  • In 2017, the inaugural Paycheck or Pot of Gold Study found that one in five retirees (20%) who took a lump sum from a retirement plan depleted their lump sum, on average, in 5 years.
  • More women have also already depleted their lump sums in retirement, with 43% of women having done so, compared to 29% of men.

TIAA RetirePlus Series® Grows 45% YoY

Retrieved on: 
Wednesday, February 23, 2022

"TIAA RetirePlus Series helps plan sponsors better prepare their employees for a confident retirement by allowing them to create a 'personal pension1.'

Key Points: 
  • "TIAA RetirePlus Series helps plan sponsors better prepare their employees for a confident retirement by allowing them to create a 'personal pension1.'
  • The TIAA RetirePlus Series allows plan sponsors and their consultants to create model portfolios rather than rely on standard, off-the-shelf target date funds.
  • The plan sponsor replaced its default target date funds with model portfolios tailored to their employee demographics through the TIAA RetirePlus Series.
  • TIAA RetirePlus and TIAA RetirePlus Pro are administered by Teachers Insurance and Annuity Association of America ("TIAA") as plan recordkeeper.

Softheon Releases 2021 Affordable Care Act (ACA) Report on Billing and Enrollment Trends to Predict Member Terminations

Retrieved on: 
Wednesday, February 23, 2022

STONY BROOK, N.Y., Feb. 23, 2022 /PRNewswire/ --Softheon, a leading cloud-based health insurance exchange and service provider , published "ACA Predictive Analytics Report: Examining 2021 Billing and Enrollment Data to Accurately Predict Terminations and Inform Retention Strategies," an in-depth analysis of Affordable Care Act (ACA) enrollment during 2021 and key interventions for maintaining member enrollment.

Key Points: 
  • STONY BROOK, N.Y., Feb. 23, 2022 /PRNewswire/ --Softheon, a leading cloud-based health insurance exchange and service provider , published "ACA Predictive Analytics Report: Examining 2021 Billing and Enrollment Data to Accurately Predict Terminations and Inform Retention Strategies," an in-depth analysis of Affordable Care Act (ACA) enrollment during 2021 and key interventions for maintaining member enrollment.
  • Softheon's expertise and solutions can help organizations better facilitate health insurance shopping, enrollment, and billing amid the continued growth of the health insurance exchange.
  • Issuers and consumers utilizing Medicaid, Medicare, and the ACA Marketplace benefit from Softheon's innovative technology that reduces administrative overhead and enhances user-experiences.
  • Softheon is an Agent, Broker, and Merchant of Record that facilitates health insurance enrollment, administration, and renewal.

Form 8.3 - The Vanguard Group, Inc.: Ultra Electronics Holdings plc

Retrieved on: 
Wednesday, February 23, 2022

Form 8.3 - The Vanguard Group, Inc.: Ultra Electronics Holdings plc

Key Points: 
  • Form 8.3 - The Vanguard Group, Inc.: Ultra Electronics Holdings plc
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • (a) Full name of discloser:
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient.
  • For a trust, the trustee(s), settlor and beneficiaries must be named.

Form 8.3 - The Vanguard Group, Inc.: National Express Group plc

Retrieved on: 
Wednesday, February 23, 2022

Form 8.3 - The Vanguard Group, Inc.: National Express Group plc

Key Points: 
  • Form 8.3 - The Vanguard Group, Inc.: National Express Group plc
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • (a) Full name of discloser:
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient.
  • For a trust, the trustee(s), settlor and beneficiaries must be named.

Form 8.3 - The Vanguard Group, Inc.: GXO Logistics, Inc.

Retrieved on: 
Wednesday, February 23, 2022

Form 8.3 - The Vanguard Group, Inc.: GXO Logistics, Inc.

Key Points: 
  • Form 8.3 - The Vanguard Group, Inc.: GXO Logistics, Inc.
  • Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • (a) Full name of discloser:
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient.

Form 8.3 - The Vanguard Group, Inc.: Ultra Electronics Holdings plc

Retrieved on: 
Wednesday, February 23, 2022

Form 8.3 - The Vanguard Group, Inc.: Ultra Electronics Holdings plc

Key Points: 
  • Form 8.3 - The Vanguard Group, Inc.: Ultra Electronics Holdings plc
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • (a) Full name of discloser:
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient.
  • For a trust, the trustee(s), settlor and beneficiaries must be named.

Form 8.3 - The Vanguard Group, Inc.: Playtech plc

Retrieved on: 
Wednesday, February 23, 2022

Form 8.3 - The Vanguard Group, Inc.: Playtech plc

Key Points: 
  • Form 8.3 - The Vanguard Group, Inc.: Playtech plc
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • (a) Full name of discloser:
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient.
  • For a trust, the trustee(s), settlor and beneficiaries must be named.