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AIG SunAmerica Introduces New TPA Alliance for Polaris401(k).


Enhanced Administrative Capabilities and Plan Options Coupled With Low Pricing Now Available Through PAi, Inc.

LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  -- AIG AIG addressee indicator group (US DoD)
AIG American International Group, Inc
AiG Answers in Genesis (religious group in defense of Scripture)
AIG Artificial Intelligence Group
AIG Australian Industry Group
 SunAmerica Retirement Markets, Inc. today introduced a major enhancement to Polaris401(k), the 401(k) program tailored to the retirement plan needs of small- to medium-sized business owners and their employees. Polaris401(k) will continue to offer all current administrative options but has now established a new relationship with PAi, Inc., a provider of comprehensive administrative solutions tailored for small businesses. PAi has been successfully servicing the small-business industry for over 20 years by making strategic and effective investments in people, technology and processes. These investments allow financial advisors to focus more time on building profitable relationships and less time on administrative tasks.

Some of the benefits of choosing Polaris401(k) with PAi include:

* Exclusive small business focus and some of the lowest administrative expenses in the industry

* Traditional and customized plan designs, including Roth 401(k), Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
, Age-Weighted, New Comparability, and Super New Comparability

* Extensive customer service model including web sites for the plan sponsor, participant and financial advisor coupled with a voice response system for increased client satisfaction

Polaris401(k), part of the AIG SunAmerica flagship family of Polaris products first introduced in 1993, offers big company benefits for small- to medium-sized businesses:

* Investment options from 14 leading money managers--including Capital Research and Management Company (American Funds
The neutrality of this section is disputed.
Please see the discussion on the talk page.
), Massachusetts Financial Services Company, Van Kampen Asset Management, Lord Abbett and Co, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, and Davis Selected Advisors, L.P.--with no proprietary fund requirement

* A one-year fixed account investment option with no market value adjustment

* Automatic account rebalancing Rebalancing

The process of realigning the weightings of one's portfolio of assets.

Notes:
For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting


* A comprehensive fully bundled version or a flexible Third Party Administrator version

* Asset allocation Asset Allocation

The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio.
 models to simplify diverse investment selection

* Death benefit and flexible retirement distribution options including an option for lifetime income

* Investment policy statement support

"We are extremely pleased to introduce the services of PAi to Polaris401(k), said Hal R. Rose, Vice President and National Sales Manager of Polaris401(k). "We have seen dramatic growth in recent years and the additional flexibility and extremely low administrative pricing combined with the high-level customer service experience that PAi brings to us will accelerate our growth for years to come." Michael Kiley, President of PAi, added, "We couldn't be more pleased to work with AIG SunAmerica to offer comprehensive retirement plan solutions for small businesses. We are confident our strengths will be complementary and extremely popular with both financial advisors and plan sponsors alike."

To learn more about Polaris401(k), call the Polaris401(k) Help Desk at 877-814-401(k) or e-mail polaris401k@sunamerica.com.

A prospectus for the underlying investment options is available by calling 877-814-401k. The prospectus contains the investment objectives, risks, fees, charges, expenses and other information regarding the underlying funds, which should be considered carefully before investing. Please read the prospectus carefully before investing. The unallocated group variable annuity Variable Annuity

An insurance contract in which, at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments can vary depending on the performance of the managed portfolio.
 funding Polaris401(k) is an unregistered product without a contract prospectus.

AIG SunAmerica Retirement Markets, Inc., a subsidiary of AIG Retirement Services, Inc., specializes in marketing and distributing the retirement savings products issued by AIG SunAmerica Life Assurance Company and First SunAmerica Life Insurance Company. AIG SunAmerica Retirement Markets supports the distribution of variable annuities Variable annuities

Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio.
 through an extensive national network of registered representatives at independent broker-dealers, securities firms and banks.

American International Group
"AIG" redirects here. For other uses, see AIG (disambiguation).


American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City.
, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.

Variable annuities are issued by AIG SunAmerica Life Assurance Company and, in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, by First SunAmerica Life Insurance Company. An investment in a variable annuity is not guaranteed or endorsed by any bank, is not a deposit or obligation of any bank and is not federally insured by the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000.  (FDIC FDIC

See: Federal Deposit Insurance Corporation


FDIC

See Federal Deposit Insurance Corporation (FDIC).
), Federal Reserve Board or any other federal government agency. The purchase of a variable annuity is not required for and is not a term of the provision of any banking service or activity. Neither AIG SunAmerica nor its representatives provide tax or legal advice. Investors should contact their own tax advisor or attorney regarding their particular situation. Distributed by AIG SunAmerica Capital Services, Inc., Harborside Financial Center, 3200 Plaza 5, Jersey City, NJ 07311-4992, 201-324-6300.
                 NOT FDIC OR NCUA/NCUSIF INSURED
        -- NO BANK OR CREDIT UNION GUARANTEE -- MAY LOSE VALUE
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 13, 2007
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