Annuity Fees

Pershing may receive servicing fees from the insurance companies listed below that participate in Pershing's annuity program (Subscribe®). Participation by your financial organization in this program is optional. These fees may be considered revenue sharing and are a source of revenue for Pershing.

Pershing also receives operational reimbursement fees from certain insurance companies. A flat fee per holding is paid to Pershing for the services it provides, which may include, but is not limited to posting, accounting reconciliation, and client statement preparation and mailing. These fees are a source of revenue for Pershing. The insurance companies listed below are in order of 2007 gross dollar payments to Pershing from highest to lowest.

Insurance Companies

1. Hartford Life Insurance Company
2. AIG SunAmerica Life Assurance Co. 
3. Pacific Life Insurance Company
4. American Skandia
5. Manulife Financial 
6. Jackson National Life Company
7. Nationwide Life Insurance Co.  
8. The Equitable Life Assurance S 
9. Allstate Life Insurance Company
10. American General Life Ins Co. AMA
11. Golden American Life Ins Co. 
12. Manulife Financial New York
13. Western Southern Life
14. JNY Jackson Ntnl Life Co. of NY
15. Allianz Life Ins. Co. of N.A.
16. Pacific Life And Annuity Co. 
17. Transamerica Life Ins. Co.
18. First Sun America
19. Sun Life Ass. Co. of Canada Us
20. Minnesota Life Insurance Company
21. ING Life Ins & Annuity Co. / ING
22. Peoples Benefit
23. AIG Life Insurance Company
24. Riversource Life Insurance
25. Riversource Life Insurance Co.
26. Guardian Insurance & Annuity Co.
27. Sun Life Investments (Bermuda)
28. Allstate Life Ins. Co. of New York
29. Peoples Benefit
30. Sun Life Ass. Co. of Canada Us
31. Integrity Life Ins. Co.
32. National Integrity Life Ins. Co.
33. Ohip National Life Insurance Co. 
34. Ohio National Life Insurance Co. 
35. American General Life Ins/Aun AM
36. Sun Life Ins&Ann Co. of NY
37. AIG SunAmerica Life Ass. Co/Dvfs
38. Sun Life Ass. Co. of Canada
39. Allianz Life Ins Co. of  New York
40. Jefferson National Life Ins Co. 
41. Nationwide Life offshore
42. Ameritas Variable Life Ins Co. 
43. Ausa Life Insurance Co. 
44. American Centurion Life Assur Co. 
45. Ameriprise Financial
46. Sun Life Ass. Co. of Canada Us