Deals and People November 30, 2011

Cammack LaRhette Names Practice Leader for New England Office

November 30, 2011 (PLANSPONSOR.com) - Michael Volo has joined Cammack LaRhette Consulting (CLC) as practice leader for its New England office.
Reported by

In the new position, Volo leads the Wellesley, Massachusetts, office and plays an instrumental role in developing new business, solidifying relationships with valued partners and vendors, advancing strategic and operating plans, creating efficiency and providing professional development guidance for CLC’s professionals, the company said.  

Previously, Volo was a senior vice president at Fidelity Investments, where he led the client service organization responsible for growth and retention of Fidelity’s non-profit client base. Most recently, he led Fidelity’s acquisition and client marketing efforts to employers for all workplace benefits. Prior to Fidelity, Volo was managing director at Deutsche Asset Management where he headed product and marketing for Scudder Investments.  

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More information on Cammack LaRhette Consulting is available at http://www.clcinc.com.
Products November 30, 2011

The Hartford Launches Fixed Index Annuities

November 30, 2011 (PLANSPONSOR.com) – The Hartford has introduced two fixed index annuities. 
Reported by

The new products are The Hartford Saver Solution and The Hartford Saver Solution Choice, designed for consumers who want the potential to earn higher interest rates than are currently available, but are fearful of losing money due to a volatile stock market. The annuities offer principal protection with the potential to earn interest from three interest crediting options, two of which are based in part on the performance of an equity index or indices. All three methods offer growth potential through interest crediting without the threat of investment losses, since clients do not invest in any securities.

The new annuities will be distributed through The Hartford’s wholesaling team as well as WealthVest Marketing, a San Francisco-based advanced marketing firm that specializes in the distribution of fixed and fixed-index annuities.

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“We are very excited about the relationship with The Hartford to distribute their fixed index annuity products through their broker-dealer relationships,” said Lincoln Collins, president, WealthVest Marketing, Inc. 

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