Deals and People May 19, 2010
McDonald Joins New York Life Retirement Income Unit
May 19, 2010 (PLANSPONSOR.com) – New York Life Insurance Company has appointed Allyson McDonald a senior vice president in its Retirement Income Security (RIS) operation, to lead relationship management for Third-Party Distribution.
Reported by Fred Schneyer
A news release said McDonald reports to Mike Coffey, senior vice president in charge of Third-Party Distribution.
McDonald and her team are responsible for developing and enhancing the relationships with the top third-party partners who distribute both New York Life annuities and MainStay mutual funds, the company said. Additionally, she is responsible for leading New York Life’s internal sales desk capability.
Prior to joining New York Life, McDonald was responsible for development and communications strategy at the Clinton Foundation.
She holds a bachelor’s degree in Economics from the College of Holy Cross.
You Might Also Like:

Financial Services Consolidation Continues in 2020
Merger and acquisition activity is quickly reshaping the landscape of retirement plan recordkeeping, asset management and advisory services.

Products |
LT Trust Simplifies Fee Schedule, Enhances Service Suite
The low-cost retirement plan provider says its new fee structure is designed to promote understanding and transparency.

Charles Schwab to Acquire TD Ameritrade
The integration of the two firms is expected to take between 18 and 36 months, following the close of the...