Keycorp is teaming with Putnam Financial Services to create a family of variable annuities, said the Cleveland banking company's top mutual fund executive.

Under the arrangement with the Boston-based mutual fund company, Keycorp will offer nine variable annuities under its own label, said W. Christopher Maxwell, chief executive of Keycorp's mutual funds group.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.