New York Life's Chris Blunt Plans Expansion of VAs

When Chris Blunt was given the reins of The New York Life Insurance Company's new Retirement Income Security group in November, he took over a division that for the first time combined the firm's annuity, long-term care insurance and mutual fund distribution businesses...

New York Life's plans include a possible foray into variable annuities, an expansion into the defined contribution market and the potential for mutual fund acquisitions in the future. The projected growth comes as many of its publicly held peers are contracting or faltering beneath the weight of the global economic crisis...

Financial Planning: New York Life's Chris Blunt Plans Expansion of VAs