An American International Group Inc. business has regained a coveted spot on the sales list of brokerage Edward Jones for a popular retirement product, following a nearly two-year sales suspension.
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The reinstatement of variable-annuity sales for AIG’s Sun America Financial Group by St. Louis-based Edward Jones is a sign of AIG’s continuing rebound from the financial crisis, when it became the recipient of the largest bailout package from the U.S. government. Spokesmen for both companies confirmed the reinstatement this week.
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The decision by Edward Jones, one of SunAmerica’s biggest distribution partners before the crisis, could help SunAmerica’s efforts to boost sales …
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Edward Jones to Sell SunAmerica Annuities Again – Wall Street Journal
