^
+ Follow LIFETIME PLANS Tag
LIFETIME PLANS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1386349
                    [Title] => Horror stories
                    [Summary] => 

It’s that time of year when we can indulge our inner weirdo and enjoy stories of the supernatural.

[DatePublished] => 2014-10-31 00:00:00 [ColumnID] => 133252 [Focus] => 0 [AuthorID] => 1807094 [AuthorName] => Ana Marie Pamintuan [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [1] => Array ( [ArticleID] => 311962 [Title] => SEC renews license of Pacific Plans [Summary] => The Securities and Exchange Commission (SEC) has renewed the dealership license of Pacific Plans Inc. (PPI) to allow the pre-need firm to sell new fixed-value plans in order to grow its business and service the maturing obligations of planholders.

PPI did not apply for the renewal of its dealership license in September 2004 after it transferred its assets to the now defunct Lifetime Plans Inc.‚ registration certificate has been revoked by the SEC in April for failure to comply with certain requirements.
[DatePublished] => 2005-12-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 298921 [Title] => PPI hits opposition to its license application [Summary] => Pacific Plans Inc. (PPI) branded yesterday the opposition filed by the Parents Enabling Parents Coalition (PEPC) against its license application as mere harassment, saying it is intended to sabotage the interest of the 400,000 fixed planholders of its now defunct subsidiary Lifetime Plans Inc.

"It is a clear case of harassment against PPI, which seeks to revive its business of selling fixed plans and serve its remaining planholders," spokesperson Jeanette C. Tecson said.
[DatePublished] => 2005-09-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 285551 [Title] => SEC studies PPI request on Lifetime Plans’ license [Summary] => The Securities and Exchange Commission is reviewing whether it could allow Pacific Plans Inc. to assume the license of its now-defunct unit Lifetime Plans Inc., an SEC official said.
[DatePublished] => 2005-07-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 280037 [Title] => Pacific Plans planholders seek SEC assistance in release of tuition [Summary] => Planholders of Pacific Plans Inc. are urging the Securities and Exchange Commission (SEC) to direct the pre-need firm to immediately resume its tuition assistance to secure the education of their children.

The planholders formed CARE (The Coordinating Alliance for Reform and Empowerment in the Pre-need Industry) and the Alyansang Reporma at Ugnayang Galing at Aruga ((ARUGA) as recognized legal organizations to protect and promote the interest of Pacific Plans planholders.
[DatePublished] => 2005-06-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 279806 [Title] => Lifetime Plans seeks review of SEC order revoking its license [Summary] => Lifetime Plans Inc. said the Securities and Exchange Commission (SEC) committed grave abuse of discretion when it canceled the certificate of incorporation of the Yuchengco-owned pre-need firm.

The revocation of Lifetime’s registration was allegedly due to the firm’s failure to comply with the requirements on transfer of property for shares to support its capitalization.
[DatePublished] => 2005-05-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 279273 [Title] => Lifetime Plans questions revocation order by SEC [Summary] => Lifetime Plans Inc. questioned yesterday the Securities and Exchange Commission (SEC) order revoking the certificate of incorporation of the nine month-old pre-need firm, saying it was issued without the benefit of the necessary notice and hearing.

Planholders of Lifetime Plans even described the SEC decision as the "harshest order" ever issued by the corporate regulator.
[DatePublished] => 2005-05-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 279125 [Title] => SEC cancels papers of Lifetime Plans [Summary] => The Securities and Exchange Commission (SEC) cancelled yesterday the registration certificate of Lifetime Plans Inc., the spin-off unit of the troubled Yuchengco-owned pre-need firm Pacific Plans Inc., for failure to comply with certain registration requirements.

In its order, the SEC said it has withdrawn its approval of Lifetime Plans’ certificate of incorporation due to the firm’s failure to submit documents to support its capitalization.
[DatePublished] => 2005-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 275705 [Title] => Prudentialife Plans sees big net profit [Summary] => Prudentialife Plans expects to generate a net income of between P300 to P500 million for the fiscal year ending March 31, 2005 compared to P302 million last fiscal year, even as its trust fund as of end-March this year reached P12.5 billion, the biggest in the pre-need industry.

This as Prudentialife president Jose Alberto Alba told The STAR that the company has no problem meeting its financial obligations to its planholders, including those holding the traditional or open-ended educational plans. "We have sufficient assets," he stressed.
[DatePublished] => 2005-04-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 275108 [Title] => Pre-need’s dilemma [Summary] => Give it to Filipinos to find ways and means of profiting from an otherwise losing proposition.

Despite assurances from Lifetime Plans that its planholders are not affected by the problems of its sister company Pacific Plans owned by the Yuchengco group, some pension plan holders and other holders of fixed value plans have decided to pre-terminate their plans and receive much less in return.
[DatePublished] => 2005-04-24 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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