Banks are narrowing down the number of mutual fund vendors they work with, but that doesn't mean fund companies have given up trying to get their attention.

One of the latest entrants to the bank channel is Phoenix Duff & Phelps Corp., which has struck an exclusive sales arrangement with a leading marketer of annuities through banks.

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.