PMT Forum


Search Money Investments

* PMT Shoutbox

Refresh History
  • Hampaslupa: baguhan po
    Today at 02:43 AM
  • Evangelist: Baguhan!
    May 23, 2015, 06:33 PM
  • RFMarine: vul
    May 22, 2015, 05:29 PM
  • SACRED214: punta na lang kayo sa lending company...
    May 21, 2015, 09:52 PM
  • jayslash: meron po ba dito nag papa loan? kahit yung or/cr ng sasakyan? kahit sa tao lang po para di masyado madami req's na kailanganin and sana low interest din. Pa-help nman guys. Thanks!
    May 21, 2015, 01:52 AM
  • jvrm: meron po b dito nag papautang? kht sanla ko po atm ko as collateral i need 16k po kasi. salamat and please help me :(
    May 20, 2015, 10:54 PM
  • venturetrees: is there a forum here regarding How does Financier for Gravel & Sand earns on a project basis??
    May 20, 2015, 09:39 PM
  • jlt: water refiling
    May 20, 2015, 03:37 PM
  • lefeinuj: Present
    May 19, 2015, 07:51 PM
  • hasnain.janmahomed: just wanna brag about my new investment. condo this tym. one castilla place i can hardly wait for your turnover!!!
    May 19, 2015, 09:59 AM
  • hasnain.janmahomed: just wanna brag about my new condo investment in one castilla place. wohhoooo!!!! cant wair ss turn over ss 2016... dmci in kays sigurado maganda
    May 19, 2015, 09:57 AM
  • reilly14th: Relax lang mga ka PMT - Pwede tayong maglaro habang kumikita dito. http://www.pinoymoneytalk.com/forum/index.php?topic=48776.0 ^_^
    May 18, 2015, 04:35 PM
  • pp2expert: meron po ba dito nakakaalam ng MFT group of company?
    May 16, 2015, 11:26 PM
  • yaj: pa pm nman po anong requirements mag enroll ng credit card sa bdo
    May 15, 2015, 10:42 PM
  • LuckyNicole4: hello, Im LOOKING FOR AN ATM LOAN / SANLA ATM ( ATM PAYROLL AS COLLATERAL) . need financial loan due to school expenses. thanks.
    May 15, 2015, 08:18 PM
  • LuckyNicole4: HELLO guys.... may alam ba kayong nag papa ATM LOAN or yung SANLA ATM, Loans that use atm card / payroll as a collateral ???
    May 15, 2015, 08:10 PM
  • LuckyNicole4: HELLO ...... newbie here. :D
    May 15, 2015, 08:09 PM
  • jeb: inquire ka sa col financial, mababait sila, sasagutin ka nila sa mga katanungan mo :watchuthink:
    May 14, 2015, 01:39 PM
  • jeb: kumusta sa mga luma na  :D
    May 14, 2015, 01:37 PM
  • jeb: hi sa bago dito  :cool2:
    May 14, 2015, 01:36 PM
  • yaj: hello im new here,,,
    May 14, 2015, 12:19 PM
  • Jayumaster: meralco?
    May 14, 2015, 12:01 PM
  • edzel.noriefe: :hello: help me
    May 14, 2015, 11:41 AM
  • edzel.noriefe: possible bang maka ope ako ng col financial account kahit alang proof of billing
    May 14, 2015, 11:38 AM
  • edzel.noriefe: paano mag open col account eh wala akong prof of billing?
    May 14, 2015, 11:36 AM
  • edzel.noriefe: hi guys
    May 14, 2015, 11:36 AM
  • dessuma: hi! may forum thread n b ang dmci projects? rfo or preselling?
    May 11, 2015, 08:05 PM
  • KuyaJosh: Sino TIPET sa TAPET?ok na haha.  :party: :b_peace:
    May 11, 2015, 12:46 PM
  • jeb: meron na.. reading thread...  :coffee:
    May 09, 2015, 01:46 PM
  • jeb: may forum thread na ba yang Travel Consultant?  :coffee:
    May 09, 2015, 01:43 PM
  • billeyy: pano po yang travel consultant?
    May 09, 2015, 09:15 AM
  • jeb: sayang @katkatmachine... kabusyhan eh...  :coffee:
    May 08, 2015, 06:21 PM
  • katkatmachine: guys! sama kayo sa calaguas trip namin this may 15-17. eto link ng event page namin: https://www.facebook.com/events/717843164993326/
    May 08, 2015, 10:18 AM
  • apingdaldal: if you are concerned whether your dad's CCA account is still racking up annual dividends, it's not. Well, not anymore.  AFPSLAI does not automatically deposits divs unless you personally claim it.
    May 07, 2015, 01:11 PM
  • apingdaldal: it will be active until they get they are informed of your father's repose.  In your case, your dad passed away 7 years go, most likely they knew it already.  Are you a beneficiary?
    May 07, 2015, 01:07 PM
  • jeb: korek, ask directly
    May 07, 2015, 12:15 PM
  • bajoyjoy: @ter11, why not ask from afpslai directly?
    May 07, 2015, 09:52 AM
  • ter11: @apingdaldal,  is it possible that my father's afpslai account is still active? he died almost seven years ago
    May 07, 2015, 08:41 AM
  • ter11: @Terzaghi, is it possible that my father's afpslai account is still active? he died almost seven years ago
    May 07, 2015, 08:38 AM
  • nikoletsmom: hi also from singapore! newbie here...
    May 06, 2015, 01:47 PM
  • bherong: welcome to me here... :)
    May 05, 2015, 03:32 PM
  • velodyne07: Gud PM!
    May 05, 2015, 11:45 AM
  • izza: hi
    May 04, 2015, 03:46 PM
  • Jayumaster: Ayun si TSP na ang nakalagay  :D :applause: :applause:
    May 04, 2015, 02:46 PM
  • Jayumaster: jok lng po yon. nakita kolang sa header pangalan ko. @jeb
    May 04, 2015, 12:53 PM
  • apingdaldal: there's an existing afpslai thread here ter11 you can post thr
    May 03, 2015, 08:10 PM
  • apingdaldal: yes ter11 i know afpslai very well
    May 03, 2015, 08:08 PM
  • Terzaghi: what about afpslai ter11?
    May 03, 2015, 07:32 PM
  • ter11: anyone here knows about afsplai? i have concerns about these. anyone who ha knowledge about afsplai?
    May 03, 2015, 04:45 PM

Click LIKE, TWEET or +1 to earn PMT Badges!

Author Topic: HELP: Is PRU Life UK in trouble?  (Read 13777 times)

Offline milo012007

  • Newbie
  • *
  • Thanks Received: 0
    • Awards
HELP: Is PRU Life UK in trouble?
« on: Jul 09, 2008, 03:24 PM »
  • Publish
  • I need some info with PRU life UK.  I invested in PRU Life UK's Bond Fund - USD in 2005 and Bond Fund - PHP just last year.  After my PHP bond fund turned 1 year, i was forced to withdraw my investment since i lost more than 25% of the fund but I still left my USD bond fund with them.

    Now, based on the performance of my USD bond fund, it would seem that i am losing 1.3% per week! O am really frustrated because when i talk to their call center (8875433, 8570707, 8848484), they could not answer my questions like where are they investing my money? they said that they are investing in stocks but it's my understanding that only a small % of the fund is invested in stocks. they could not answer where exactly they invest the money.  I dont want to wait 1 year for their delayed yearly report to get my answers!

    It didn't help that my agent left the country and the contact person she gave, another agent, is not reachable most of the time and when i get the chance to talk to her, does not get back to me as per our agreement for the answers to my questions.

    I also got some info on the news yesterday that an investor connected with PRU LIFE Uk is being investigated in connection with the Fertilizer Scam.

    Please help me, do I pull out my USD investment with PRU LIFE UK? It seems that all of the gains that I got last 3 years from my USD bon fund has been wiped out already. I just recently did a top up, can I demand to cancel my top up given the lousy service that they are providing me?  I was surprised that they deducted 15% initial fee from my top up which is very different from the 5% that they advertise.  And again, their call center or agents could not answer me why the deductions amounted to 15%!

    For the seasoned investors, Please help me with your important advise.. =(

           
       

    Offline freedomfighter

    • Forum Expert
    • *
    • Thanks Received: 0
      • Awards
    Re: HELP: Is PRU Life UK in trouble?
    « Reply #1 on: Jul 09, 2008, 04:52 PM »
  • Publish
  • « Last Edit: Jul 09, 2008, 05:00 PM by freedomfighter »
    'If you fail to plan, you plan to fail. Protect your dreams, NOW!'  contact me at 0922-8803858 thonycoors7@yahoo.com and anthony.s.cura@sunlife.com.ph

    Offline SirYuri90

    • Posting Guru
    • *
    • Thanks Received: 0
    • Gender: Male
    • Yes!!!
      • Awards
    Re: HELP: Is PRU Life UK in trouble?
    « Reply #2 on: Jul 09, 2008, 06:01 PM »
  • Publish
  • i suggest to try finding an alternative...
    "Discipline is the basic set of tools we require to solve life's problems. Without discipline we can solve nothing. With only some discipline we can solve only some problems. With total disci

    PMT Forum

    Re: HELP: Is PRU Life UK in trouble?
    « Reply #2 on: Jul 09, 2008, 06:01 PM »


    * * * * * sponsored links * * * * *

    Offline voltes5

    • Posting Whiz
    • *
    • Thanks Received: 0
    • Gender: Male
    • B4 borrowing from a friend, decide hu u need more
      • Awards
    Re: HELP: Is PRU Life UK in trouble?
    « Reply #3 on: Jul 09, 2008, 07:51 PM »
  • Publish
  • maybe you invested it in an equity laced vul, i think every month they deduct from you premiums for the insurance part. maybe what your looking for is a mutual fund or uitf investment.
    "In this country you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get the women."

    Offline freedomfighter

    • Forum Expert
    • *
    • Thanks Received: 0
      • Awards
    Re: HELP: Is PRU Life UK in trouble?
    « Reply #4 on: Jul 09, 2008, 08:13 PM »
  • Publish
  • « Last Edit: Jul 09, 2008, 08:28 PM by freedomfighter »
    'If you fail to plan, you plan to fail. Protect your dreams, NOW!'  contact me at 0922-8803858 thonycoors7@yahoo.com and anthony.s.cura@sunlife.com.ph

    Offline edwinfriend

    • Probie
    • *
    • Thanks Received: 0
      • Awards
    Re: HELP: Is PRU Life UK in trouble?
    « Reply #5 on: Jul 10, 2008, 10:31 AM »
  • Publish

  • Offline bauer

    • VIP Member
    • *
    • Thanks Received: 1
    • Awards Member of the Month PMT Lounge Addict Banking and Insurance Boss Investments Idol PSE Stock Trader Real Estate Mogul Member since 2008 Stocks Superstar
      • Awards
    Re: HELP: Is PRU Life UK in trouble?
    « Reply #6 on: Jul 11, 2008, 01:35 PM »
  • Publish
  • milo,

    mukhang tama si voltes5, baka naman mutual fund type investment yan na may kasamang insurance.  pag may insurance talaga, may premium payments. baka yun ang ibinabawas sa account mo.  kung wala na ang agent mo, then check your policy or contract. read all the terms (specially small fonts).

    ok naman ang prulife pati rin sunlife.

    kung uitf type of funds naman yan, normally, and bond fund ay maliit ang earnings pero i dont think na mag negative sya kasi when you say bonds (its either government or corporate loans) unless puro corpo loans ang investment at nalugi ang kumpanya kaya bumaba ang unit value.

    again pls check all your documents given by prulife UK
    join me on twitter @ bauerfilipino

    Offline foolcha

    • Posting Whiz
    • *
    • Thanks Received: 0
    • Gender: Male
      • Awards
    Re: HELP: Is PRU Life UK in trouble?
    « Reply #7 on: Jul 24, 2008, 08:43 AM »
  • Publish

  • milo,

    kung uitf type of funds naman yan, normally, and bond fund ay maliit ang earnings pero i dont think na mag negative sya kasi when you say bonds (its either government or corporate loans) unless puro corpo loans ang investment at nalugi ang kumpanya kaya bumaba ang unit value.

    again pls check all your documents given by prulife UK


    No, it doesn't work that way with bonds or any other fixed income investments. UITF/Mutual Funds/VUL uses MTM valuation. So if you are invested in a bond/money market fund, the return of the fund will be dependent on the interest rates, if interest rate went up it will have a negative effect on the fund.
    « Last Edit: Jul 24, 2008, 08:44 AM by foolcha »

    Offline pulidowinstone

    • Newbie
    • *
    • Thanks Received: 0
      • Awards
    Re: HELP: Is PRU Life UK in trouble?
    « Reply #8 on: Aug 14, 2008, 04:10 PM »
  • Publish
  • Milo,

    I suggest you wait for the annual report to policy holders.  There you will see the Portfolio Statement of the Prulink USD Bond Fund.  You will see the breakdown of the specific dollar bonds PRULIFE UK invests in.  

    If you see the portfolio profile, it is invested in US Dollar Bond accounts of the Philippine Gov't, Landbank, Development Bank, US treasury and PLDT.

    88% are invested in Phil Gov't Bonds, 8% in Phil. Quasi Gov't Bonds, 1% in US Gov't Bonds, 1% Cash, 2% Phil. Corp. bonds.

    So if the Call center agents would reply you with this details, you will be left hanging and confused with all this technical stuff!

    The bottom line is that your money is invested in Dollar Bond Funds.  What is happening to Pru Life UK, is common to all investments of this type in all companies engaged in VUL products, given the economic situation of the US right now.

    And VUL products are usually medium to long term investments, since you said you only invested last year, it was best to make you investment recover since bonds are the safest compared to equities.  

    It is best to contact any Pru Life Branch near you and request for an agent that could best serve you.
    Posted on: Aug 14, 2008, 04:02 PM
    Milo,

    Visit the government website : www.insurance.gov.ph.  

    There you will see the financial standings and statistics of insurance companies. :hello:

    Offline bauer

    • VIP Member
    • *
    • Thanks Received: 1
    • Awards Member of the Month PMT Lounge Addict Banking and Insurance Boss Investments Idol PSE Stock Trader Real Estate Mogul Member since 2008 Stocks Superstar
      • Awards
    Re: HELP: Is PRU Life UK in trouble?
    « Reply #9 on: Aug 19, 2008, 03:42 PM »
  • Publish
  • foolcha,

    you are right mark to market ang bond and fixed income fund. hindi ko lang maintindihan kung bakit kailangang bumaba nang husto or mag negative ang returns mo sa daily price per unit.  pero yung principle na "when interest are up, bond prices goes down" e tama rin. iba lang ang naisip kong "tamang computation".  

    anyway, that's why i am now avoiding uitf na bonds or fixed income funds precisely for the said reasons.
    join me on twitter @ bauerfilipino

    Offline mikedg

    • Associate Member
    • *
    • Thanks Received: 0
      • Awards
    Re: HELP: Is PRU Life UK in trouble?
    « Reply #10 on: Sep 13, 2008, 07:56 PM »
  • Publish

  • foolcha,

    you are right mark to market ang bond and fixed income fund. hindi ko lang maintindihan kung bakit kailangang bumaba nang husto or mag negative ang returns mo sa daily price per unit.  pero yung principle na "when interest are up, bond prices goes down" e tama rin. iba lang ang naisip kong "tamang computation".  

    anyway, that's why i am now avoiding uitf na bonds or fixed income funds precisely for the said reasons.


    Hi bauer!!
     
    I would like to invite to take a peek on the Land Banking Investment opportunity at www.waltoninternational.com... It is a good alternative in diversifying your investment portfolio. No correlation on stock volatility. And we are already here in the Philippines through Priority Wealth International Group, exclusive distributor of properties of Walton International Group. A 23.55% AUDITED simple annualized return, 30 years of expertise!
     
    If you want to know more on it, just send me a message, and I can help you on it. or just text or call me at (+63) 915 428 0677.

    Hoping a response from you bauer.
     
    Thanks and Godbless!
     

    Offline ianiiii

    • Newbie
    • *
    • Thanks Received: 0
      • Awards
    Re: HELP: Is PRU Life UK in trouble?
    « Reply #11 on: Oct 10, 2008, 02:58 PM »
  • Publish
  • why withdraw when the market is down unless you need it badly... lahat nman pataas eh in the long term kahit mga equities.

    PMT Forum

    Re: HELP: Is PRU Life UK in trouble?
    « Reply #11 on: Oct 10, 2008, 02:58 PM »
    * * * * * sponsored links * * * * *

     

    Related Topics

      Subject / Started by Replies Last post
    6 Replies
    2801 Views
    Last post Aug 29, 2008, 01:47 AM
    by freedomfighter
    13 Replies
    30209 Views
    Last post Dec 12, 2009, 10:04 PM
    by calvin8online
    25 Replies
    3555 Views
    Last post Mar 21, 2015, 01:16 AM
    by brians
    1 Replies
    3820 Views
    Last post Aug 01, 2011, 09:49 AM
    by palailai


    * Recent Topics

    Forum Shortcuts!
     
     
    Welcome, Guest. Please login or register.
    Did you miss your activation email?

    * Must-Read Topics!

    * Active Posters Today

    Market_Market
    2 Posts
    DreamWalker
    1 Posts
    KaiserPhantasma
    1 Posts

    * Vote in this Poll!

    You cannot see the results of this poll at the moment.

    * PinoyMoneyTalk.com

    * SPAM-free PMT!

    Help clean up the PMT Forum by reporting spam posts, troll messages, PM solicitation, or any other problem posts or members! Click the "Report to moderator" link at the bottom of every post.
    BloQcs design by Bloc
    SMF 2.0.10 | SMF © 2015, Simple Machines
    SMFAds for Free Forums
    SimplePortal 2.3.5 © 2008-2012, SimplePortal