DB

BPAS Promotes Jason Disco to Lead Defined Benefit Sales and Service

Retrieved on: 
Monday, January 30, 2023

Since joining BPAS in 2015, Jason has secured key partnerships to help expand the BPAS Actuarial & Pension Services footprint across the nation.

Key Points: 
  • Since joining BPAS in 2015, Jason has secured key partnerships to help expand the BPAS Actuarial & Pension Services footprint across the nation.
  • In addition to his strong leadership skills and strategic thinking, he brings a keen understanding of integrated Defined Benefit (DB) and Defined Contribution (DC) solutions.
  • "BPAS brings a unique ability to seamlessly combine DC and DB plans under one roof for plan sponsors," said Disco.
  • Among his many accomplishments at BPAS, Disco recently stewarded a relationship with key partners at Lincoln Financial Group that led to an exclusive BPAS partnership for their Defined Benefit Outsourcing (DBO) solution.

Western New England Bancorp, Inc. Reports Results for the Three Months and Year Ended December 31, 2022 and Announces 17% Increase in Quarterly Cash Dividend

Retrieved on: 
Tuesday, January 24, 2023

The net interest margin was 3.44% for the three months ended December 31, 2022 compared to 3.08% for the three months ended December 31, 2021 and 3.35% for the three months ended September 30, 2022.

Key Points: 
  • The net interest margin was 3.44% for the three months ended December 31, 2022 compared to 3.08% for the three months ended December 31, 2021 and 3.35% for the three months ended September 30, 2022.
  • The net interest margin, on a tax-equivalent basis, was 3.47% for the three months ended December 31, 2022, compared to 3.10% for the three months ended December 31, 2021 and 3.37% for the three months ended September 30, 2022.
  • Net Income for the Three Months Ended December 31, 2022 Compared to the Three Months Ended September 30, 2022.
  • For the twelve months ended December 31, 2022, the efficiency ratio was 61.8%, compared to 64.1% for the twelve months ended December 31, 2021.

DemandBridge Partners With SAGE for Latest Integration in DB Sourcing to Power Quote-to-Order Workflow for Promotional Products

Retrieved on: 
Thursday, January 5, 2023

HUNT VALLEY, Md., Jan. 5, 2023 /PRNewswire/ -- DemandBridge, LLC, (DB) a dominant Marketing Automation Platform provider to approximately 500 Marketing/Print Services firms, announces their latest integration with SAGE to power the quote-to-order workflow for promotional products.

Key Points: 
  • HUNT VALLEY, Md., Jan. 5, 2023 /PRNewswire/ -- DemandBridge, LLC, (DB) a dominant Marketing Automation Platform provider to approximately 500 Marketing/Print Services firms, announces their latest integration with SAGE to power the quote-to-order workflow for promotional products.
  • Distributors, Suppliers, and Agencies have long relied on DemandBridge software to power their businesses – often alongside solutions from other mission-critical technology partners.
  • With the increased significance of Promotional Products in our customers' growth strategies, DemandBridge is proud to partner with SAGE to offer a host of capabilities within the DB Sourcing product.
  • The DB Sourcing solution was the logical first candidate for bringing SAGE data directly to the DemandBridge product suite.

EQS-News: Statement 2.0 – new outdoor smartphone from Gigaset! For adventure in the wild and at work: the Gigaset GX4 “Made in Germany”

Retrieved on: 
Sunday, December 18, 2022

For adventure in the wild and at work: the Gigaset GX4 “Made in Germany” (news with additional features)

Key Points: 
  • For adventure in the wild and at work: the Gigaset GX4 “Made in Germany” (news with additional features)
    The issuer is solely responsible for the content of this announcement.
  • For adventure in the wild and at work: the Gigaset GX4 “Made in Germany”
    Gigaset is launching its GX4 outdoor smartphone right on time for the Christmas trade season.
  • “The GX290 is a hard act to follow,” says Jörg Wissing, Senior Product & Business Development Manager at Gigaset.
  • The result is the Gigaset GX4 – a rugged outdoor smartphone “Made in Germany” with a fresh design, new ideas and a fair price.

New Research Finds Pension Plans Alone Often Don't Provide Retirement Income Adequacy for State and Local Government Employees

Retrieved on: 
Thursday, December 8, 2022

WASHINGTON, Dec. 8, 2022 /PRNewswire/ -- A first-of-a-kind analysis finds that retirement is growing more challenging for public sector workers. State and local employees in a typical public defined benefit (DB) pension plan need to save about four to six percent of their salary on their own to ensure adequate retirement income. The report also finds that defined contribution (DC) plans provide less retirement income than DB plans in a typical cost-equivalent conversion for career employees.

Key Points: 
  • The report also finds that defined contribution (DC) plans provide less retirement income than DB plans in a typical cost-equivalent conversion for career employees.
  • These findings are detailed in a new study released today by the National Institute on Retirement Security ( NIRS ) and Aon ,The Real Deal for the Public Sector: Retirement Income Adequacy Among U.S. Public Sector Employees.
  • The report's key findings regarding retirement income adequacy are as follows:
    A "retirement number" is elusive because key factors are individual-based.
  • The following are the key findings regarding retirement plan design:
    DC plans provide less retirement income than DB plans in a typical "cost-equivalent" conversion for career public employees.

HashCash to Upgrade Trading Features in its Globally Acclaimed White-Label Crypto Exchange Solution

Retrieved on: 
Tuesday, December 6, 2022

PALO ALTO, Calif., Dec. 6, 2022 /PRNewswire-PRWeb/ -- The rapid worldwide crypto evolution is driven forward by a need for consistent innovation- and it is recognized by HashCash Consultants, who have been successful in apprehending upcoming trends since its inception. In a recent announcement, the US-based blockchain specialists declared multiple upgrades in its critically acclaimed white-label crypto exchange including enhanced trading features and additional crypto services- all powered by blockchain technology.

Key Points: 
  • HashCash Consultants announced multiple updates in the latest iteration of its flagship product for institutional investors- the white-label crypto exchange platform.
  • In a recent announcement, the US-based blockchain specialists declared multiple upgrades in its critically acclaimed white-label crypto exchange including enhanced trading features and additional crypto services- all powered by blockchain technology.
  • Like any other white-label solution, HashCash's white-label crypto exchange platform comprises a fully functional pre-configured digital assets exchange with an option for customized branding and logo.
  • HashCash CEO and noted blockchain pioneer Raj Chowdhury states, "Change has been the only constant across the crypto ecosystem.

Fidelity® Q3 2022 Retirement Analysis: Despite Continued Volatility, Retirement Fundamentals Remain Sound

Retrieved on: 
Thursday, November 17, 2022

“The market has taken some dramatic turns this year, including the best month this past October since 1976,” said Kevin Barry, president of Workplace Investing at Fidelity Investments. “Retirement savers have wisely chosen to avoid the drama and continue making smart choices for the long-term. This is important, because one of the most essential aspects of a sound retirement savings strategy is contributing enough consistently – in up markets, down markets, and sideways markets -- to help reach your goals.”

Key Points: 
  • The total number of Fidelity IRA accounts continues to climb, reaching 13.2 million, an 11.2% increase over Q3 of last year.
  • The number of accounts reporting a contribution also increased by 2.3% year-to-date between Q3 2021 and Q3 2022.
  • Across generations, Roths tend to be the retail retirement savings vehicle of choice, with 61% of all contributions going to a Roth in Q3 2022.
  • Despite inflationary pressures, the percentage of 401(k) savers initiating a new loan continues to remain low, with only 2.4% of participants doing so in Q3.

Fairview Microwave Broadens Line of Programmable Attenuators

Retrieved on: 
Tuesday, November 15, 2022

IRVINE, Calif., Nov. 15, 2022 /PRNewswire-PRWeb/ -- Fairview Microwave, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter-wave products, has released a new line of programmable attenuators engineered for test and measurement, R&D, electronic warfare and electronic countermeasures applications.

Key Points: 
  • New Attenuators Cover Broadband RF, Microwave, mmWave Frequencies
    IRVINE, Calif., Nov. 15, 2022 /PRNewswire-PRWeb/ -- Fairview Microwave, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter-wave products, has released a new line of programmable attenuators engineered for test and measurement, R&D, electronic warfare and electronic countermeasures applications.
  • Fairview's innovative series of programmable attenuators covers broadband RF, microwave and mmWave frequencies ranging from DC to 40 GHz.
  • A leading supplier of on-demand RF and microwave products since 1992, Fairview Microwave offers immediate delivery of RF components, including attenuators, adapters, coaxial cable assemblies, connectors, terminations and much more.
  • Its brands are Pasternack, Fairview Microwave, L-com, MilesTek, ShowMeCables, NavePoint, INC Installs, Integra Optics, PolyPhaser, Transtector, KP Performance Antennas, RadioWaves and Aiconics.

Pasternack Introduces New Line of Programmable Attenuators

Retrieved on: 
Friday, November 11, 2022

IRVINE, Calif., Nov. 11, 2022 /PRNewswire-PRWeb/ -- Pasternack, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter-wave products, has released a new series of programmable attenuators designed to meet the needs of electronic warfare, test and measurement, and electronic countermeasures applications.

Key Points: 
  • Pasternack's new programmable attenuators offer flexibility and programmability by producing different values of RF signal attenuation on demand.
  • The comprehensive selection of programmable attenuators comes in TTL, USB or relay-controlled options, and they include SMA, N-Type and 2.92 mm female connector options.
  • Additionally, these programmable attenuators are designed with compact and rugged military-grade coaxial packages and an operational temperature range from -40 degrees to +85 degrees Celsius.
  • "Pasternack's innovative lineup of broadband programmable attenuators offers designers flexibility with TTL, USB, or relay-controlled capabilities.

Halifax Health Selects BPAS for Retirement Plan Services

Retrieved on: 
Tuesday, November 1, 2022

"BPAS is honored to service the Halifax suite of defined contribution plans," said Elizabeth Kaido, Senior Vice President of Sales at BPAS.

Key Points: 
  • "BPAS is honored to service the Halifax suite of defined contribution plans," said Elizabeth Kaido, Senior Vice President of Sales at BPAS.
  • We're also confident that Halifax Health plan participants will get a lot of value from our new BPAS participant website and robust education and wellness tools."
  • The BPAS family of services includes Workplace Retirement Plans, Actuarial & Pension, Healthcare Consulting, IRA, VEBA HRA, Health & Welfare Plans, Fiduciary, Collective Investment Funds, Fund Administration, and Institutional Trust.
  • The BPAS Actuarial & Pension Services division has served as actuary and consultant on the Halifax Health defined benefit (DB) plans for more than 10 years.