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GUARDIAN’S TWO NEW OFFERINGS UNDERSCORE COMMITMENT TO SMALL BUSINESS RETIREMENT MARKET
{ts '2008-08-28 00:00:00.000'}


For media inquiries, contact:
Elisa Neville
The Guardian Life Insurance Company of America
Tel: 805-646-1832
Fax: 212.919.2790
Elisa_Neville@glic.com

NEW YORK, August 28, 2008 — The Guardian Insurance & Annuity Company, Inc. (GIAC) announced today that it will introduce two enhancements to its qualified retirement plan products and services—a new funding vehicle, The Guardian Choicesm, and the addition of fully-bundled third party administrator services.
The Guardian Choice is a new funding option for qualified retirement plans. As an alternative to the flagship Guardian Advantage® group annuity, which is geared toward smaller and start-up plans, The Guardian Choice is a group variable funding agreement. It is ideally suited for existing plans with more than $1 million in assets. Each product offers a wide range of investment options from well-known fund companies. Investments are selected and monitored by an independent registered investment advisor and investment advice from another independent registered investment advisor is available to participants for a fee. A full suite of plan design, plan installation, third party administration, assistance to fiduciaries, and participant services is now available from Guardian.
The addition of a fully-bundled third party administration service option will complement Guardian’s existing network of Third Party Administrators. While locally-based service is preferred by many clients, Guardian also recognizes that a segment of clients seek centralized participant recordkeeping and TPA services. To offer brokers and clients the option of full service capabilities, Guardian will utilize the established third party administration center that currently supports other retirement business within the firm. Guardian, through its subsidiaries, has a long history in third party administration, dating back to the 1950’s when U.S. pension law was first enacted. As James Consolati, Vice President explains, “By leveraging the firm’s existing service operations and expertise, Guardian is able to enter the full service arena swiftly and seamlessly. For clients who opt for the bundled approach, we’ll handle the participant recordkeeping and third party administrative service requirements.”

These latest product and service enhancements, driven by both client and broker demand, are designed to meet the needs of a broader spectrum of emerging and entrepreneurial companies. On their retirement strategy, Senior Vice President Dennis P. Mosticchio comments, “The hallmarks of our retirement strategy in the small business market center on delivering quality products, flexibility and choice. Giving clients the ability to choose the funding arrangement and service structure that best meets their needs reaffirms our commitment to the core principles that have made our company successful.”
For further information, or to obtain a proposal, call the Guardian Retirement Sales Desk at 866-390-7268 or Distribution Partners, LLC at 877-791-8900.

About GIAC
The Guardian Advantage® group variable annuity contract and The Guardian ChoiceSM group variable funding agreement are issued by The Guardian Insurance & Annuity Company, Inc. (GIAC), a Delaware corporation whose principal place of business is 7 Hanover Square, New York, NY 10004. GIAC is a wholly owned subsidiary of The Guardian Life Insurance Company of America, New York, NY. The variable investment options offered through GIAC's variable annuities and funding agreements are sold by prospectus only.

The prospectuses contain important information including risks, fees and expenses. Be sure to read the prospectuses carefully before investing or sending money. You should consider the investment company’s investment objectives, risks, fees and charges carefully before investing. Prospectuses contain this and other important information and can be obtained from your financial professional or by calling 877-500-2380. www.GuardianRetirement.com

Variable annuities and funding agreements, along with their underlying investment options, are not deposits or obligations of, or guaranteed or endorsed by, any bank or depository institution, nor are they insured by the Federal Deposit Insurance Corporation (FDIC), The Federal Reserve Board, the National Credit Union Association or any other agency. They involve investment risk, including possible loss of the principal amount invested. Investment return and principal value may fluctuate so that shares, when redeemed, may be worth more or less than their original cost.

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