MutualFundWire.com: Hartford Life Realigns VA Distribution
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Friday, May 31, 2002

Hartford Life Realigns VA Distribution


Hartford Life Insurance Company announced the realignment of distribution to increase sales for the Putnam Hartford Capital Manager variable annuity product line.

Planco, Hartford Life's distribution company, will manage sales and marketing for the suite of Putnam Hartford Capital Manager products starting on July 1. Hartford Life expects to double the number of wholesalers for Putnam Hartford Capital Manager and build a wholesaling support team dedicated to increasing Putnam Hartford variable annuity sales.

"Hartford Life and Putnam have had a highly successful relationship for 15 years, one of the longest standing partnerships in the variable annuity business," elaborated Tom Marra, president and chief operating officer at Hartford. He added that the new distribution plan stems from an increased level of commitment by the two companies to the variable annuity product suite.


Printed from: MFWire.com/story.asp?s=2756

Copyright 2002, InvestmentWires, Inc.
All Rights Reserved
Back to Top