NYLIM Launches New Web Sites

October 9, 2001(PLANSPONSOR.com) - New York Life Investment Management (NYLIM) has launched the NYLIM Retirement Services' site, providing plan sponsors and participants with information concerning the group's products and services.

In addition to secure online access to accounts, the site ( www.nylim.com/retirement ) also features a Registered Representative and Consultant Resource Center, which contains fact-sheets on all products. Plan sponsors can also order a customized proposal online to find the best product for their needs.

NYLIM has also launched the core NYLIM site, which maintains its current URL( www.nylim.com ), but with revamped content. Users can directly access relevant services and products offered within the NYLIM family through “self identification”.

At its new MainStay Funds site ( www.mainstayfunds.com ), investors will find easier access to their account information, improved navigation, and new interactive options. Other additions include streaming video commentaries from select portfolio managers and a tax center featuring an overview of the 2002 tax law changes.

NYLIM Retirement Services, which includes New York Life Benefit Services, offers an array of full-service retirement programs to defined contribution and defined benefit plan sponsors. Investment options offered include MainStay Funds and Eclipse Funds, commingled funds, separate accounts, group separate accounts, select non-proprietary mutual funds, and self-directed brokerage accounts