It’s wise for plan sponsors to know the difference between an ERISA fidelity bond and fiduciary liability insurance. Required by law, ERISA bonds protect the plan and participants. Though not mandated by the government,…Read Moreabout What’s The Difference: Bond Vs Insurance? What’s The Di...
The dollar amount of all interest earned on government and corporate debt obligations and short-term certificates of deposit, as well as interest earned from cash in a brokerage account. For bond ladders, this amount refers to the estimated annual amount of income you will receive from the secur...
Some companies still use the term “fidelity bond," while others use "employee dishonesty insurance." Does your business need a fidelity bond? Fidelity bonds are important for businesses where lots of employees have access to your business finances or customers’ property. Consider purchasing this ...
Fidelity® Sustainability Bond Index Fund Tracks a benchmark of investment-grade government, corporate, and asset-backed securities from issuers with strong sustainability profiles. FNIDX Fidelity® International Sustainability Index Fund Tracks an international stock benchmark that targets companies with...
Computer repair specialists often work with financial institutions and are required to obtain a fidelity bond, which functions as a voucher against money theft. If they do not protect customers’ funds, they may not be paid, but they can reimburse customers for any stolen funds. The bond helps...
The Blaise Group NY, LLC specializes exclusively in surety and fidelity performance bonds.Our single focus allows us to more fully understand the needs of our customers, and to serve them better. Our Certified MBE status is an added bonus for clients that perform government contracts. ...
Adjusted net earnings of $217 million for the six months ended June 30, 2024 include $206 million, or $0.76 per share, of investment income from alternative investments and $8 million or $0.03 per share of CLO redemption gains and bond prepay income; partially offset by $13 mill...
The article reports on the plans of Fidelity Investments to layoff nine percent or 4,000 employees prior to an aching cash flow in its stock mutual funds. Mutual-fund industry suffered as investors transferred their shares to government-bond funds and money-market funds. Spokesperson for Fidelity...
Each Subsidiary is an entity duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization and has the power and authority and all necessary government approvals to own, lease and operate its properties and to carry on its business...
are generally the most common type of fidelity bond. Their job is to protect clients when employees visit their premises. For example, should a company send an employee to a customer’s home and that staff member steals a computer, the bond would reimburse the client for the loss.4...