plan company

Plan Company

A company that invests in mutual funds on behalf of shareholders. Customers purchase shares, and the company uses the revenue to buy shares in one or more mutual funds. Plan companies work with shareholders to determine a specific expected return over a certain number of years and invest in mutual funds accordingly. This allows shareholders the flexibility of a changing portfolio without needing to manage its day-to-day maintenance. These mutual funds are sometimes called contractual plan companies. See also: Periodic payment plan.

plan company

A company that receives customer payments and purchases mutual fund shares when the customers wish to purchase shares in a fund on a periodic payment plan. Thus, the plan company acts as middleman in collecting the payments and crediting customer accounts.
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8 November 2018 - Florida, US-based meal plan company Eat Right has acquired Florida-based meal plan supplier Food4Thought to expand operations in meal plan preparation and delivery services, the company said.
A MAN from Blacon has received a suspended jail sentence for his part in defrauding a funeral plan company of more than PS12,000.
Paperwork was later discovered during house searches, relating to the funeral plan company as well as a large number of plugged-in mobile phones with labels and documentation attached to them, which related to some of the fake company customers - which showed they had been answering the phones and pretending to be the different identities each phone number was attached to.
Managing director of The Workplace Travel Plan Company, Peter Wignall is committed to tackling road congestion.
It complements the role of the Workplace Travel Plan Company and is an opportunity to develop my network and knowledge of the region.
"There will be a horse drawn hearse, a motorcycle hearse and our vehicles and the Golden Charter Funeral Plan Company and Heartlands Memorial Services will be joining us too.
The Workplace Travel Plan Company, which is behind the website builder software, has worked with the five councils within the Tees Valley region to help them address growing concerns caused by the rapid increase of traffic.
Craig Cowley, workplace travel adviser from Middlesbrough Council, said: "The Workplace Travel Plan Company has been great to work with.
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