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New York Activity Allowance Aggregation (New York) has appointed two industry veterans, Mark Pfaff and Chris Blunt, to run key operations.

New York Activity Allowance Aggregation will abode its activity allowance accomplishment and business operations beneath the administration of chief carnality admiral Mark Pfaff, who has run the Agency Department back 2006.

In addition, New York Activity Allowance Aggregation said it has stered its retirement business. Chief Carnality Admiral Chris Blunt will run a new organization, Retirement Assets Security (RIS), committed to accouterment solutions to consumers in both the accession and assets phases of retirement. RIS brings calm for the aboriginal time beneath a distinct executive, New York Life’s assets annuities, advance annuities, abiding affliction insurance, and the administration of alternate funds. “With these authoritative changes we are accumulation our cardinal one artefact ” activity allowance ” with our primary administration arrangement ” career agents,” said Ted Mathas, New York Life’s admiral and CEO. “I apprehend the aggregate to abound the company, which allowances our policyholders over the continued term, and accompany abundant customer allowances in the anatomy of bigger artefact development, bigger marketing, and in the end, a better-protected public.” Mr. Mathas acclaimed that with these changes the four primary business operations of New York Activity are: U.S. Activity Allowance and Agency; Retirement Assets Security; Investments, a wholly endemic accessory with added than $235 billion in assets beneath management; and International, a wholly endemic accessory with allowance operations in eight markets in Asia and Latin America. The U.S. activity allowance operations actuality circumscribed beneath Pfaff accommodate the company’s individual, bank- and corporate-owned activity insurance, as able-bodied as its Group Membership Affiliation Division, an advocate of able affiliation allowance programs, and activity allowance awash through an exclusive, accustomed affairs with AARP. Circumscribed acquirement is accepted to be added than $8 billion in 2008. Agency has added than 10,500 accountant agents in the United States. Retirement Assets Security (RIS) is accepted to accept circumscribed acquirement of added than $2 billion for 2008, including acquirement from assets annuities, advance annuities, continued appellation affliction allowance and retail alternate funds.

Peggy Bresnick Kendler has been a biographer for 30 years. She has formed as an editor, arranger and academy commune technology coordinator. During the past decade, Bresnick Kendler has formed for UBM TechWeb on appropriate financialservices technology-centered … View Full Bio

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