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“Bowing Out” – Hartford’s Departure from the VA Space and What it May Portend

Steven D. McDonnell

Hartford’s decision to discontinue sales of individual annuities has triggered a number of related events in recent days, and we get the feeling that more interesting developments are yet to come. Moreover we believe that the departure of the carrier, once the undisputed variable annuity market leader, will have ramifications for the industry as a whole...

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