The firm issued a statement at a shareholders’ meeting at which Investors Against Genocide had raised the issue through shareholder proxy voting.
The policy, the Lifetime FlexPlus II, features premiums that are 3% to 5% lower than those of the original version.
Some 21% of participants are now contributing at a lower rate and 4% have stopped altogether, according to Putnam.
The deal would transform Apria Healthcare into a private company wholly owned by Blackstone and its affiliates.
The New York-based firm suffered a 61% second-quarter drop in profit but still beat analysts' expectations.
Bellatore Financial of San Jose, Calif. will purchase $540 million in assets from Nationwide Investment Advisors
Pennsylvania Life Insurance has agreed to a $925,000 settlement following allegations of unsuitable annuity sales in Wisconsin.
The Lance Group specializes in school boards and municipalities and handles benefit plan analysis as well as design.
The producer price index, which tracks the inflation rate for wholesalers, increased 1.4% in May.
The firm's Micro Cap Value Fund and International Opportunities Fund will close to new retail investors June 30.
