Annuity Fees and Revenue Sharing Disclosure

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 highest-to-lowest order for their 2008 gross dollar payments to Pershing.    

Insurance Companies

1. AIG SunAmerica Life Assurance Company

32. Riversource Life Insurance Company

2. Hartford Life Insurance Company

33. Minnesota Life Insurance Company

3. Pacific Life Insurance Company

34. Genworth Life & Annuity

4. John Hancock

35. ING Life Insurance & Annuity Company / ING

5. The Equitable Life Assurance Society

36. American General Life Insurance / Aun AM

6. Jackson National Life Company

37. Guardian Insurance & Annuity Company

7. American Skandia

38. National Integrity Life Insurance Company

8. Nationwide Life Insurance Company

39. Allstate Life Insurance Company NY/Amn BY SE2

9. American General Life Insurance Company AMA

40. Peoples Benefit

10. Allstate Life Insurance Company

41. Allstate Life Insurance Company of New York

11. Pacific Life and Annuity Company

42. AIG Life Insurance Company

12. John Hancock New York

43. New York Life Insurance & Annuity Corp/FIX

13. Golden American Life Insurance Company

44. Ohio National Life Insurance Company

14. Principal Life Insurance Company

45. Sun Life Investments ( Bermuda )

15. JNY Jackson National Life Company of NY

46. Integrity Life Insurance Company

16. Lincoln National Life Insurance

47. Symetra Life Insurance Company

17. Sun Life Ins & Annuity Company of NY

48. MetLife Investors

18. Sun Life Assurance Company of Canada US

49. Allianz Life Insurance Company of New York

19. Western Southern Life

50. Genworth Life Insurance

20. Allianz Life Insurance Company of NY

51. Sun Life Assurance Company of Canada US

21. Sun Life Assurance Company of Canada

52. AIG SunAmerica Life Assurance Company /DVFS

22. Genworth Life Insurance Company of NY

53. American International Life Assurance Company of NY

23. Allianz Life Insurance Company of NA-Fixed

54. Ameriprise Financial

24. Transamerica Life Insurance Company

55. Ameritaz Life Insurance Company

25. First Sun America

56. Transamerica Occidental Life Insurance

26. MetLife Investors USA Insurance Company

57. First Symetra National Life of NY

27. John Hancock Life Insurance Company

58. Jefferson National Life Insurance Company

28. Transamerica Life Insurance & Annuity

59. Universal Life Insurance Company

29. Sun Life Assurance Company of Canada US

60. AUSA Life Insurance Company

30. Allstate Life Insurance Admin. SE2 Tech

61. ING USA Annuity & Life Insurance Company

31. First MetLife Investors

62. Northwestern Mutual Life Insurance Company