^
+ Follow COLLEGE ASSURANCE PLANS Tag
COLLEGE ASSURANCE PLANS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1395793
                    [Title] => CJH developer palalayasin ng BCDA
                    [Summary] => 

Naghahanda na ang pamunuan ng Bases Conversion Development Authority (BCDA) na buksan sa ibang mamumuhunan ang malaking bahagi ng Camp John Hay na matagal nang inuupuhan ng kumpanyang pagmamay-ari ng College Assurance Plans (CAP).

[DatePublished] => 2014-11-26 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1115380 [AuthorName] => Alex Galang [SectionName] => Probinsiya [SectionUrl] => probinsiya [URL] => ) [1] => Array ( [ArticleID] => 863110 [Title] => The death of memorial plans [Summary] =>

Whatever happened to all the investigations made by legislators and regulators on pre-need companies that have defrauded planholders? It’s been almost 10 years since the pre-need industry first plunged into a crisis in the early 2000s, reaching catastrophic proportions with the collapse of Pacific Plans, College Assurance Plans, Platinum Plans and others with many having since been placed under receivership.

[DatePublished] => 2012-11-04 00:00:00 [ColumnID] => 133593 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [2] => Array ( [ArticleID] => 451118 [Title] => Legacy planholders mag-forum sa CNU uban ni Roxas [Summary] =>

CEBU, Philippines – Ania sa Sugbo karong buntag si Senador Manuel “Mar” Roxas nga maoy pinasidunggan dinapit ug mamumulong sa usa ka forum sa mga   planholders ug investors sa Legacy Consolidated Plans Inc. ug uban pang mga planholders gikan sa mga naniradong kompaniya sa mga pension ug educational plans.

[DatePublished] => 2009-03-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1683243 [AuthorName] => Rey Pasaporte [SectionName] => Banat Balita [SectionUrl] => balita [URL] => ) [3] => Array ( [ArticleID] => 434516 [Title] => Walang nakasisiguro sa kinabukasan [Summary] => ANG kasalukuyang krisis pinansiyal ay patunay na kahit ang pinakahiganteng bansa na may matatag na ekonomiya ay maaaring malumpo. [DatePublished] => 2009-01-26 00:00:00 [ColumnID] => 134525 [Focus] => 0 [AuthorID] => 1444024 [AuthorName] => Korina Sanchez [SectionName] => PSN Opinyon [SectionUrl] => opinyon [URL] => ) [4] => Array ( [ArticleID] => 380059 [Title] => CAP to emerge from rehab earlier than projected [Summary] => Cash-strapped pre-need firm College Assurance Plans (CAP) has expressed confidence it can get out of rehabilitation earlier than the projected eight-year period, according to a company official.

CAP director Robert John Sobrepeña said the company is banking on revenues to be generated from projects it co-owns with property developer Fil-Estate Land Inc. With the continued property boom, CAP expects to get back on its feet in four or five years.
[DatePublished] => 2007-01-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 351536 [Title] => 39 firms face suspension for non-payment of SEC fines [Summary] => The Securities and Exchange Commission (SEC) has threatened to suspend the registration of securities of 23 issuer companies should they fail to settle the P50,000 fine for non-submission or late filing of financial reports.

These corporations were given 15 days from receipt of the SEC’s assessment letter to settle the penalties accordingly and submit financial reports within the prescribed period.

Also included in the SEC order are 16 pre-need companies, most of whom are encountering financial difficulties.
[DatePublished] => 2006-08-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 314704 [Title] => CAP affiliate incurs P2.28-B trust fund deficieny [Summary] => Comprehensive Annuity Plans and Pension Corp., an affiliate of College Assurance Plans (CAP), has a P2.28-billion deficit in its trust fund as of end-September this year, according to documents obtained from the Securities and Exchange Commission (SEC).

Comprehensive Annuity’s trust fund stood at P1.84 billion while its actuarial reserve liability amounted to P4.12 billion.

The SEC said the company is insolvent based on its annual financial statement ended Sept. 30, 2005.
[DatePublished] => 2006-01-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 314803 [Title] => CAP affiliate incurs P2.28-B trust fund deficieny [Summary] => Comprehensive Annuity Plans and Pension Corp., an affiliate of College Assurance Plans (CAP), has a P2.28-billion deficit in its trust fund as of end-September this year, according to documents obtained from the Securities and Exchange Commission (SEC).

Comprehensive Annuity’s trust fund stood at P1.84 billion while its actuarial reserve liability amounted to P4.12 billion.

The SEC said the company is insolvent based on its annual financial statement ended Sept. 30, 2005.
[DatePublished] => 2006-01-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 284832 [Title] => 10 pre-need companies on SEC watchlist [Summary] => The Securities and Exchange Commission (SEC) is closely monitoring 10 other pre-need companies that offered open-ended educational plans in light of reports that some of them are experiencing liquidity problems.

Apart from Pacific Plans Inc. and College Assurance Plans, other pre-need firms on the SEC’s watchlist are Platinum Plans, TPG Corp., Prudential Life Plans, PET Plans, Eternal Plans, Eduplan Phils., Legacy Consolidated Plans, Pryce Plans, Trusteeship Plans, and Scholarship Plan Phils.
[DatePublished] => 2005-07-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 283998 [Title] => PDIC-type agency for troubled pre-need companies opposed [Summary] => The proposal to establish a line agency similar to the Philippine Deposit Insurance Corp. (PDIC) for the pre-need industry is not getting the support from the top industry players.

The PDIC is the government agency mandated to take over or act as receiver for closed banking institutions as well as issue deposit insurance up to a maximum P250,000.
[DatePublished] => 2005-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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