Sentences with phrase «funds out of the scheme»

Since the life cover ceases as soon as you redeem or switch out any units, it acts as a deterrent to move funds out of the scheme.

Not exact matches

«In order to carry out his scheme to defraud investors, CASPERSEN incorporated entities with names closely resembling those of legitimate private equity funds (the «Legitimate Funds&raqfunds (the «Legitimate Funds&raqFunds»).

Under this scheme, firms would be able to move funds in and out of China for capital account transactions.

«The consortium of 40 + banks (known as R3cev) which aims to do just that will inevitably develop something which: is permissioned (for users and developers like the apple app store), privatized, has fees, will not be entirely transparent to everyone, will not be open - source, it will definitely be inflationary to accommodate monetary policy of debasement and fractional reserve schemes, it will facilitate negative interest rates, central control of accounts for suspension / freezing of funds, bail - ins, bail outs, capital controls and transactions will include the identity of both sender and receiver and store that information in a centralized location for the convenience of hackers.»

The effect often leaves a bankrupt shell of a company, or at least enables corporate raiders to threaten employees with bankruptcy that would wipe out their pension funds or employee stock ownership plans if they do not agree to replace defined benefit pensions with riskier contribution schemes.

Scottish milk producers are at risk of missing out on European support funds if they don't apply for a dairy aid scheme before the end of the month.

For 2010/11 the money paid out for infant formula represents approximately 0.5 % of the cost to the Department of funding the Nursery Milk scheme.

Find out more about the energy challenge and how National Grid is helping find solutions to some of the challenges we face at www.nationalgridconnecting.com The National Grid Energy Efficiency Innovation Award scheme was launched across National Grid's four gas distribution networks and provided a # 400k fund to support major innovations to tackle fuel poverty and deliver energy efficiency solutions in communities, with five agencies in total receiving awards.

He pointed out that just in the last couple of days, there was another example of failure in the current system of oversight when U.S. Attorney Preet Bharara charged a former portfolio manager in the state's pension fund, which is overseen by the state comptroller, with running a bribery scheme.

Plans intended to lift pick - up rates for funded alternatives hardly reach those at risk of pension poverty, as they often can't afford to pay into such schemes and their employers are disproportionately likely to opt out.

The # 99M scheme has been awarded # 50M of funding from the Government and works will be carried out by Carillion Construction.

Today, as I speak to you, that fund is defunct, whiles the children who should have benefited from such a laudable scheme are dropping out of school and wasting away as Okada riders and the females getting pregnant, all because their fathers are not the chiefs.

«The latest reports regarding former State Comptroller Alan Hevesi are disturbing — and once again reminds us that we must be vigilant in protecting New York State's public pension funds from pay - to - play schemes that would defraud New Yorkers out of millions of dollars.

It provides grants of up to # 3,500 to fund improvement measures such as insulation or central heating systems, or up to # 6000 if the home is not connected to the gas network, however, with the scheme now in its final year there is a real concern that if people don't apply now, they may miss out completely on the help to which they are entitled.

Defense lawyers for hedge funder Murray Huberfeld — accused of paying ex-NYC prison guards» union head Norman Seabrook illegal bribes — demanded an «evidentiary hearing» to suss out Rechnitz's role in Nissen's alleged Ponzi scheme.

Kang faces wire fraud and securities fraud charges as well as theft of honest services charges in the alleged pay - to - play schemes he carried out as the state Common Retirement Fund's Director of Fixed Income Portfolio Strategy, U.S. Southern District Attorney Preet Bharara said Wednesday after an indictment was unsealed.

A U.S. attorney says the Dutchess County surgeon Thursday pleaded guilty to operating a long - running health care fraud scheme in which he defrauded Medicare, the New York State Insurance Fund, and numerous private health insurance providers out of more than $ 2.5 million by lying about the nature and scope of the surgical procedures he performed.

He points out that just in the last couple of days, there was another example of failure of the current system of oversight, when U.S. Attorney Preet Bharara charged a former portfolio manager in the state's pension fund, which is overseen by the state comptroller, with running a bribery scheme.

The maps, which he called «absurd,» appear to be a scheme to fund a floundering flood insurance program that pays out most of its claims to hurricane - prone areas, Maffei said.

It's clear from the survey that funders generally view financial support as the most potent aspect of a grant when it comes to helping young scientists develop their careers, but the report also points out that «[a] bout half of the schemes contain some form of career development features, for example career planning, networking activities, travel grants for interviews, supervision, mentoring, training and alumni events.»

The scheme will also be a lifeline for scientists who have run out of funds.

A funding adviser is employed to oversee the administration of bids for research and other educational funding, advise on the «ins and outs» of various funding schemes, and help university staff to manage their research projects effectively.

Since 1989, the European Commission has spent 3.5 million Ecus (# 3 million) on this scheme, paid for out of the European Development Fund (FED).

Engineering research was poorly funded but has done well out of the Cooperative Research Centres scheme.

Many of the awards allow research to be carried out where the health challenges are greatest, and the scheme includes funding for the genetic analysis of drug - resistant malaria across East and West Africa.

European Research Council (ERC) funding schemes come under the «Excellent Science» pillar of Horizon 2020 and are open to top researchers of any nationality or age who wish to carry out their frontier research in the 28 EU Member States or associated countries.

Of course, our butterflies and insects aren't all UK natives, but these are sourced from ethical farms across Europe, Central and South America, Asia and Africa, where they live out their full adult lives, and in death provide local employment, fund schools and healthcare schemes, and generate environmental sustainability.

In another scheme, scammers ask victims to receive funds in the form of a cashier's check, money order, or wire transfer, claiming they are out of the country and unable to cash the instruments or receive the funds directly.

After a successful pilot scheme involving local authorities in Newham, Durham and Wolverhampton, the decision was made to allocate # 2.30 per pupil per meal, # 150 million in capital funding and transitional funding of # 22.5 million to roll out the scheme nationwide.

The scheme would funnel public funds out of public schools and into private schools by allowing parents to use a voucher to pay for some or all of their child's private school tuition.

Meanwhile, Malloy's Commissioner of Education is not only preparing to take the stand against Connecticut's children in the critically important CCJEF School Funding Lawsuit, but she is leading the Malloy / Wyman administration's inappropriate attack on students, parents and the public school administrators who were honest and truthful, last spring, about a parent's right to opt their child out of the disastrous Common Core Smarter Balanced Assessment Consortium (SBAC) testing scheme.

Kindly note that NRIs based out of other countries (other than US / Canada) can invest in all mutual fund schemes.

If an existing mutual fund investor acquires NRI Residential status or becomes a resident of US or Canada, all facilities such as switch of schemes, dividend reinvestment, systematic investment plans, systematic transfers, etc, are currently being stopped by these AMCs and the investor will be made to sell out.

In Mutual fund's dividend reinvestment schemes, the declared dividend is again reinvested in the same mutual fund by the mutual fund house instead of issuing a pay - out to the investor.

For an example if I own 1000 units of a fund with an NAV value $ 150 declares a dividend of $ 10 today, after the dividend pay - out the NAV value will be reduced by $ 10, new NAV value will be $ 140 and a dividend of $ 10, 000 (10 * 1000) will be issued and in dividend reinvestment scheme this amount will be used to purchase the same mutual fund at NAV of $ 140.

Mutual funds normally come out with a number of schemes which are launched from time to time with different investment objectives.

However, no change in the nature or terms of the scheme, known as fundamental attributes of the scheme e.g. structure, investment pattern, etc., can be carried out unless a written communication is sent to each unit holder and an advertisement is given in one English daily newspaper having nationwide circulation and in a newspaper published in the language of the region where the head office of the mutual fund is situated.

So is it better to stay invested and not redeem any appreciated value beyond 1 Lac at all or should I come out of the investments now itself and park funds in say Fixed deposits or other safer schemes (perhaps in my parents» name as they are senior & non-tax paying).

Check out the scheme name of your existing funds and you will know which plan you are invested in.

One of the key feature is research recommended funds i.e. the app automatically picks top fund suggestions suitable for you upon analyzing almost 4000 schemes out there.

Out of the thousand of schemes and options, a mutual fund investor faces a hugely complex job of figuring out those 5 or 6 schemes that should make it to his / her winning portfolOut of the thousand of schemes and options, a mutual fund investor faces a hugely complex job of figuring out those 5 or 6 schemes that should make it to his / her winning portfolout those 5 or 6 schemes that should make it to his / her winning portfolio.

It is a highly challenging task for any advisor / investor to select best mutual fund schemes out of these thousands of schemes.

Dear Saurabh, You need to check out the expense ratio of funds Vs total charges levied by an ULIP scheme (premium allocation charges, fund management charges, admin charges etc.,) Also, mutual funds have more liquidity, options to select, more transparent... So, on any given day, I prefer to invest in mutual funds to ULIPs.

Just wanted to point out that if you buy MGP, or buy into any American Funds and / or life insurance company product sales schemes by «financial advisers» using MGP; then you are a critical part of «the problem» of why most everything is hopelessly broke and broken in the financial services industry, why it just keeps getting worse all the time, and why it can't be fixed.

We actually fund that scheme, we put all that money into it, so we certainly are one of the most active organisations out there for putting information and money into education for breeders.

Having been part of the first team to release a game under the Indie Fund scheme, as well as speaking at numerous events about the independent games industry, I thought it pertinent to grill him about the indie scene today and find out more about the indie market, and his upcoming projects.

The anonymous company that is being used to hide the ownership of the Surrey mansion can be linked to the alleged money - laundering scheme used to get the funds out of Kyrgyzstan.

As debates by the Institute of Actuaries have pointed out, how would pension schemes meet their funding liabilities with run - away climate change, where they have a fiduciary duty to scheme members to pay benefits.

It seems that a cap and trade system is the politicians favourite way of generating the funds needs to roll these schemes out; Not that Prof Jim Hansen would agree but he doesn't think like a politician or have the pressures of politicians or huge vested interest groups breathing down his neck.

I'd favour an industry wide scheme in which the «excess» was covered by the industry — say the first $ 50 million per 1Gwe plant or multiple thereof and anything above that covered by the state out of the funds raised for CO2 abatement.