Products November 10, 2002
Hartford Life Rolls A Out New "K" Product
October 23, 2001 (PLANSPONSOR.com) - Hartford Life
has launched Hartford401kCornerstone, a multi-manager 401(k)
group annuity product offered in conjunction with brokerage
firm Edward Jones.
Reported by Nicole Halsey
The product is aimed at small plans with fewer than 500 participants, and will be distributed through Edward Jones? brokers, as well as through Hartford’s full-service platform.
Additionally, Hartford will be supplying its representatives with enrollment support and educational materials.
The platform offers 43 investment choices from a number of different fund families including:
- The American Funds Group
- Federated Investment Management Company
- Goldman Sachs
- Hartford Investment Management Company
- Lord Abbett
- Putnam Investments
- Van Kampen Investments
- Wellington Management Company
Participants also have the option of selecting a fixed account offering.