Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Money-Center Bank To Offer NYLIM Pension Services

X
Your article was successfully shared with the contacts you provided.

The Bank of New York Inc. has agreed to sell pension services from New York Life Investment Management L.L.C. to large and midsize commercial customers.[@@]

The Bank of New York, New York, will be bundling its own trust and custody services with the DB Complete package of defined benefit services from NYLIM, Parsippany, N.J.

NYLIM, a unit of New York Life Insurance Company, New York, says the Bank of New York alliance is “one of several distribution strategies” its retirement plan services division is pursuing.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.