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The pension fund acquired from Kidder Peabody is typically associated with assets or investment portfolios managed by the Kidder Peabody financial services firm, which was involved in various investment banking and asset management activities. Specific details about the fund's location or management structure would depend on the context of the acquisition and the agreements made during the transaction. For precise details, consulting financial records or announcements related to the acquisition would be necessary.

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What is the difference between provident fund and pension fund?

The difference between a pension fund and provident fund is in how the benefits are paid out. A provident fund pays all he retirement benefits in a lump sum cash benefit at retirement. A pension fund pays one third of the benefit as a lump sum at retirement and the rest is paid out over the lifetime of the beneficiary.


What is a sentence for pension fund?

The company's pension fund was drained by the white-collar criminal, so that no money was left to pay retired workers.


Who is in charge of bradlees store pension fund?

The Bradlees store pension fund is typically managed by a designated pension fund administrator or a board of trustees appointed to oversee the fund's operations and ensure the benefits are distributed according to the plan's rules. Additionally, the fund may be subject to regulations set forth by the Employee Retirement Income Security Act (ERISA) in the United States, which establishes standards for pension plans in private industry. If the store has undergone bankruptcy or closure, an appointed trustee or liquidation firm may handle the pension fund's assets.


Can you borrow against a pension fund?

Yes, it is possible to borrow against a pension fund in some cases, but it is not always recommended as it can have negative consequences on your retirement savings.


Where is the farmer jack employees pension fund?

The Farmer Jack Employees Pension Fund was a pension plan associated with the Farmer Jack grocery store chain, which operated primarily in Michigan. However, the company declared bankruptcy and closed its stores in 2007. As a result, the pension fund's status would have been affected by the bankruptcy proceedings, and affected employees would need to consult the Pension Benefit Guaranty Corporation (PBGC) or legal representatives for details on their benefits and the fund's current status.

Related Questions

What happened to Great Western Employee Pension?

Great Western Employee Pension was acquired by the Canada Pension Plan Investment Board in 2018. The pension fund merged into the larger organization, resulting in the assets and management of both funds being combined.


Who pays for your pension for teamsters?

Usually there is a trust fund that a Teamster's pension is paid for. An example of this kind of a trust fund is The Teamsters Pension Trust Fund of Philadelphia and Vicinity.


When was The Government Pension Fund of Norway created?

The Government Pension Fund of Norway was created in 1967.


What does the Strathclyde Pension Fund do?

The Strathclyde Pension Fund administers pensions for Glasgow City Council. On the website of the Strathclyde Pension Fund one will find useful facilities such as a benefits calculator.


Who to contact in reference to pension?

Whoever is in charge of the pension fund.


When was Norwegian Public Service Pension Fund created?

Norwegian Public Service Pension Fund was created in 1917.


Is pension fund a current liability or non current liability?

A pension fund is considered a non-current asset but it is a long term investment fund .


Who established the fund to promote education in the south?

George Peabody


What is the definition of a pension fund?

The definition of a pension fund is a fund started by an employer to help and to regulate the investment of employees retirement funds given to by the employer and the employees.


Who manages pension fund for walls meat company?

who manages wall's meat company pension fund 1971


Is your wife entilted to 50 percent of your pension if you are married for 11 years and then get divorced?

She is entitled to 50% of the portion of your Pension of the years you were married. For example, If you had a Pension fund for 7 years, prior to your marriage, then married for 11 years, she is entitled only to 50% of the portion of the Pension you acquired during the 11 years you were married, and not the 7 years of the Pension, prior to your marriage.


A mortgage lender that represents a pension fund is known as?

A mortgage lender than represents a pension fund is called a mortgage banker.