What life companies have to do is get their costs down to less than 1 percent of funds under management,

It's a potential threat to the life industry. If people start saving through employer-sponsored pension arrangements and are able to make additional contributions, then why would they want to buy life insurance products?

Karma is a bitch, and she's got your home phone number...

Smart hasn't developed as planned, and it's no secret the two sets of management didn't always see eye to eye

The 2000 audit made it apparent that ... management had not implemented any of the 1996 [Ernst and Young] recommendations, ... Nevertheless, information was dropped from the final 2000 report, with no mention of the 1996 audit.

We will be a valuable resource for PMI by providing sound knowledge and insight into project management stemming from our numerous local and global projects, ... Further standardization of our project management will bring extra benefit to our US customers and our customers around the globe.