Tuesday, October 27, 2009
Take a load off: New York Life set to tweak immediate annuities to draw advisers
An executive at the company recently revealed that it will soon roll out a no-load version of its immediate annuity
New York Life Insurance Co. is preparing to launch a no-load version of its immediate annuity to target the fee-based-adviser market, according to Matthew Grove, its vice president.
“We are big believers in lifetime-income annuities,” he told attendees of a breakout session at the Money Management Institute's Fall Solutions Conference in New York last week...
Investment News: Take a load off: New York Life set to tweak immediate annuities to draw advisers
New York Life Insurance Co. is preparing to launch a no-load version of its immediate annuity to target the fee-based-adviser market, according to Matthew Grove, its vice president.
“We are big believers in lifetime-income annuities,” he told attendees of a breakout session at the Money Management Institute's Fall Solutions Conference in New York last week...
Investment News: Take a load off: New York Life set to tweak immediate annuities to draw advisers
Permalink posted by markw @ 4:59 AM 
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