Massachusetts Mutual Life Insurance Company (MassMutual) has completed its acquisition of The Hartford’s Retirement Plans business.
This transaction enables MassMutual to build on growth in its retirement business, add complementary markets and distribution capabilities and nearly double the number of retirement plan participants it serves to approximately three million, according to a company news release.
"We are pleased to complete this transaction and welcome the employees, clients and other business partners of The Hartford’s Retirement Plans business to MassMutual," Roger Crandall, MassMutual president and CEO, said in a statement. "This is a great day for our company, as the closing of this acquisition underscores MassMutual’s commitment to the retirement market and enables us to further accelerate the outstanding momentum in our retirement business."





