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Retirement Planning > Retirement Investing

New York Asks Clark For Information

By Staff Writer

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NU Online News Service, March 18, 2005, 4:34 p.m. EST

A Barrington, Ill., executive benefits firm says it is responding to queries about benefits compensation practices.[@@]

The firm, Clark Inc., says the office of New York Attorney General Eliot Spitzer has sent it a subpoena asking for information related to the “sale of retirement products, including contingent commission agreements related to retirement product sales.”

Clark “intends to fully cooperate with the inquiry,” the firm says in a statement about the subpoena.

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