New Investment Fund Added to Pacific Life Variable Annuities
Pacific Life and GEAM are collaborating on a variable annuity product for the first time. As of February 1st, Pacific Life has begun to offer the GE Investments Total Return Fund in its variable annuity platform, according to a press release. The fund from GE Asset Management Inc. is intended for investors who are looking for a long term, transparent product that seeks the highest total return with prudent investment risks. Such a product seems to fit the needs of baby boomers close to retirement. It plans to achieve that goal by using both current capital and its appreciation.
May 18th, 2009 at 3:04 pm
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