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July 10, 2005
The Guardian Insurance & Annuity Company, Inc. Contracts with Fairway Wealth Management, LLC
NEW YORK, N.Y., July 10, 2005 — The Guardian Insurance & Annuity Company, Inc. (GIAC) announced today that it has contracted with Fairway Wealth Management, LLC (Fairway) to serve as an independent registered investment advisor. Fairway's primary responsibility is to review the current selection of funds offered through The Guardian Advantage group variable annuity contract, and to provide ongoing information about these funds in a series of reports. By signing an acknowledgement form, these reports are now available free of charge to fiduciaries/plan sponsors of plans that use The Guardian Advantage as their funding vehicle to assist plan sponsors in their ongoing oversight and monitoring of the funds in their plans. In addition, Fairway will host a quarterly conference call to review the report with fiduciaries/plan sponsors and answer general questions.
These new services from Fairway follow shortly after GIAC's reintroduction, through its exclusive national distribution and marketing alliance with Distribution Partners, LLC (DP) and DP's Independent Pension Consultants, of The Guardian Advantage group variable annuity, a funding vehicle for certain qualified retirement plans.
"As an independent investment advisory firm, Fairway provides GIAC with impartial analysis on the current funds offered under The Guardian Advantage," said Dennis Mosticchio, Senior Vice President, Group Pensions, Guardian. "These reports are now available for plan sponsors. They can carry out their responsibilities knowing that Fairway has systematically reviewed the funds available under The Guardian Advantage."
Fairway assisted GIAC with the current selection of funds available under The Guardian Advantage, representing a range of investment options across the risk/return spectrum. Fairway's ongoing responsibilities include:
 | Quarterly Report — Fairway will provide a summarized review report that includes an analysis of the financial markets; summarized fund, peer group and benchmark performance information; highlights of notable fund activity; and watch list updates. |
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| Annual Report — Fairway will provide a comprehensive review report that offers an analysis of the financial markets; summarized fund, peer group and benchmark performance information; detailed written commentary on each fund; detailed quantitative and graphical reviews of fund performance, risk and style consistency; review of fund costs; and watch list updates. |
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| Quarterly Conference Call — After the release of each report, Fairway will host a conference call with fiduciaries/plan sponsors to review the report and answer general questions. |
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About GIAC
The Guardian Advantage® is a group variable annuity contract 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 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 800-799-4015.
Variable annuities, 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.
About Guardian
Founded in 1860, The Guardian Life Insurance Company of America, New York, NY (Guardian) is the fourth largest mutual life insurance company in the United States. As of December 31, 2004, Guardian and its subsidiaries had $39.5 billion in assets. With more than 5,000 employees and 2,900 financial representatives, as well as over 80 agencies nationwide, Guardian and its subsidiaries protect individuals, businesses and their employees with life, disability, health and dental insurance products, and offer 401(k), financial products and trust services. More information about Guardian can be obtained at: www.guardianlife.com.
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