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Scudder To Sell New Variable Annuities Through Manulife

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NU Online News Service, Oct. 7, 11:29 a.m. – Scudder Investments, Chicago, says it is working with Manulife USA, Boston, to introduce the Scudder Wealthmark and Scudder Wealthmark ML3 variable annuities.

The annuities combine fixed and variable investment options. They also offer “GRIB II,” an option that guarantees a minimum annual income benefit for an additional charge.

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Scudder is a unit of Deutsche Bank A.G., Frankfurt.

Manulife USA is a unit of Manulife Financial Corp., Toronto.