| Guardian Dental Plan Members Save More Than $220 Million in ...
NEW YORK, April 10 /PRNewswire/ -- The Guardian Life Insurance Company of America (Guardian), a leading provider of employee and voluntary benefits for small and midsize businesses, today announced that it has placed more than $220 million in client accounts since introducing its dental Maximum Rollover program in 2004. More than $170 million was rolled over to customer accounts in 2006 alone. The rollover dollars represent the money that dental plan members collectively saved due to the program. The Maximum Rollover option allows Guardian Dental plan members to roll over a portion of their unused annual maximum into a personal Maximum Rollover Account (MRA), in case the need for more extensive dental care arises in the future. Traditional dental plans require members to use or lose their benefit dollars.
Names, social security numbers accidentally posted on NMSU website
LAS CRUCES, NM. - Officials at New Mexico State University say the names and social security numbers of more than 5600 students were posted for public viewing on the university's website. Officials say the names and numbers were accidently posted for nearly two hours on April 5th. Despite the mistake, NMSU officials tell ABC-7 that it's not likely any student's identities were compromised. NMSU's Director of Enterprise Application Services says the file was accessed by 14 computers. Officials also say the mistake happened when an automated program moved what was supposed to be a private file into a public section of the website. They say steps have been taken to prevent a similar incident. .
The identity crisis that will change the TSX
BCE Inc. is the bluest of Canadian blue chips. The telecom holding company's roots can be traced back to 1877, when Alexander Graham Bell's father, Melville Bell, landed his first telephone customer — the prime minister. In one form or another, the company's stock has been a staple of the Canadian market for more than a century. Its track record as a generous, reliable dividend payer — it has the second-highest dividend yield of any common stock on the S&P/TSX 60 index — has helped make it the single most popular holding in investment portfolios of regular-Joe Canadians from coast to coast. But if a group of pension funds and private equity buyout specialists have their way, BCE will be a blue-chip stock no more. The telecom giant revealed this week that it is in talks with parties to take the company private, ending its long history as a public listing.
Common Cents: Living for the day
The first was for a 65-year-old lady whom I have known for many years. I was saddened by her death, but I knew she had lived a full life. She had married, raised a family and thoroughly enjoyed watching her grandchildren mature.The second was more difficult. More than a thousand people gathered to mourn the loss of a 35-year-old man. He was the father of four and was in the early stages of a wonderful life.He would not see his youngsters grow up. He would not have the chance to see his daughters marry or his sons play sports. The joys of grandchildren will be missed. There can be no explanation why such young people are taken. It makes no sense. Regrettably, it happens — and more often than anyone expects.My thoughts, however, turn to the survivors — especially the young mother who must now raise the children alone.
Pension Plans Contribute Bigger Share to Private Equity, Survey Shows
NEW YORK — Public and corporate pension plans are providing a growing share of private equity capital, a new survey from Dow Jones Private Equity Analyst shows.In 2006, public pension funds contributed 26.6 percent of the equity raised, an increase from 22 percent in 2005.Corporate pension funds and corporations added another 12.5 percent, up from 10 percent the year before."With private equity firms raising larger and larger funds, they are seeking investors with enough capital to fill them up quickly," said Jennifer Rossa, managing editor of the Private Equity Analyst. "The big public and corporate pension plans are fitting the bill as they seek out high-return investments."The survey, which is done annually, included more than 110 funds that raised more than $44 billion in capital. .
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