NEW YORK--The Guardian Insurance & Annuity Company, Inc. (GIAC) announced today that it will reintroduce its Guardian Advantage group variable annuity, a funding vehicle for qualified retirement plans. GIAC intends to initiate new sales by June 1. This decision has no impact on Guardian's other defined contribution products including 401(k) PLUS with The Park Avenue Portfolio.
"Guardian Advantage's current customers will not see any changes in their products or service experience," said Dennis Manning, CEO, Guardian. "They can be comfortable in the knowledge that we will continue providing them with the high level of service that they have become accustomed to well into the future."
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