August 11, 2005

The Guardian Insurance & Annuity Company, Inc. Contracts With Fairway Wealth Management, LLC

Category: Uncategorized – Author: admin – 5:01 am

From Prnewswire

The Guardian Insurance & Annuity Company, Inc. (GIAC) announced today that it has contracted with Fairway Wealth Management, LLC (Fairway) to serve as an independent registered investment advisor.  Fairway’s primary responsibility is to review the current selection of funds offered through The Guardian Advantage group variable annuity contract, and to provide ongoing information about these funds in a series of reports.  By signing an acknowledgement form, these reports are now
available free of charge to fiduciaries/plan sponsors of plans that use The Guardian Advantage as their funding vehicle to assist plan sponsors in their ongoing oversight and monitoring of the funds in their plans.  In addition, Fairway will host a quarterly conference call to review the report with
fiduciaries/plan sponsors and answer general questions.

These new services from Fairway follow shortly after GIAC’s reintroduction, through its exclusive national distribution and marketing alliance with Distribution Partners, LLC (DP) and DP’s Independent Pension Consultants, of The Guardian Advantage group variable annuity, a funding
vehicle for certain qualified retirement plans.

"As an independent investment advisory firm, Fairway provides GIAC with impartial analysis on the current funds offered under The Guardian Advantage," said Dennis Mosticchio, Senior Vice President, Group Pensions, Guardian. "These reports are now available for plan sponsors.  They can carry out their responsibilities knowing that Fairway has systematically reviewed the funds
available under The Guardian Advantage."

Fairway assisted GIAC with the current selection of funds available under The Guardian Advantage, representing a range of investment options across the risk/return spectrum.  Fairway’s ongoing responsibilities include:

     * Quarterly Report - Fairway will provide a summarized review report that
       includes an analysis of the financial markets; summarized fund, peer
       group and benchmark performance information; highlights of notable fund
       activity; and watch list updates.

     * Annual Report - Fairway will provide a comprehensive review report that
       offers an analysis of the financial markets; summarized fund, peer
       group and benchmark performance information; detailed written
       commentary on each fund; detailed quantitative and graphical reviews of
       fund performance, risk and style consistency; review of fund costs; and
       watch list updates.

     * Quarterly Conference Call - After the release of each report, Fairway
       will host a conference call with fiduciaries/plan sponsors to review
       the report and answer general questions.

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