Thursday, March 13, 2008

 

The Bank of New York Mellon's Pershing Unit Introduces Income Guarantee on Retirement Assets

Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, announced today that it has introduced Lockwood Investment Strategies Longevity Income Solutions (LIS(2)), a groundbreaking financial solution that wraps a lifetime income guarantee from the PHL Variable Insurance Company, a subsidiary of The Phoenix Companies, Inc.

The Bank of New York Mellon's Pershing Unit Introduces Income Guarantee on Retirement Assets
Source: PR Newswire

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