In this role, Mr Johnson has responsibility for overall business development of retirement income security products, which include income and investment annuities, long-term care insurance and mutual funds, with an emphasis on defined contribution plans and 401(k) rollover options.

He reports to Chris Blunt, executive vice president in charge of the retirement income security business.

Most recently, Mr Johnson was with MassMutual as senior vice president of retirement income, strategic business development, where he led business development of its retirement income platform. In addition to over 10 years at MassMutual, he worked at Federated Investors and his family firm, The Johnson Companies.

Mr Blunt said: "I am very pleased that Tom is joining New York Life. Tom brings a wealth of knowledge, industry best practices and networks that will help us continue the momentum we have had since the division's creation last year, aimed at providing holistic solutions for advisors to use with their clients that address each phase of the retirement process."

A service of YellowBrix, Inc.