Third Amendment to the Services Agreement

Exhibit 24(b)(8.16)

Third Amendment

to the

Services Agreement

            WHEREAS, ING Financial Advisers, LLC (formerly Aetna Investment Services, Inc.) (“ING Financial’), ING Life Insurance and Annuity Company (formerly Aetna Life Insurance and Annuity Company) (“ING Life” and together with ING Financial, “ING”), and DWS Xxxxxxx Investments Service Company (formerly Xxxxxxx Investments Service Company and Bankers Trust Company) (“Transfer Agent”), acting as agent for the registered open-end management companies listed on Schedule A hereto (each a “Fund” or collectively the “Funds”), have entered into a Services Agreement dated March 7, 2000, as amended July 1, 2000, and August 1, 2005;

            WHEREAS, as of February 6, 2006, all Funds were rebranded DWS Funds and Transfer Agent changed its name to DWS Xxxxxxx Investment Service Company;

            WHEREAS, the parties have agreed to update the list of Funds appearing on Schedule A to the Agreement to update the list of Funds to reflect, among other things, the change in names of the Funds; and

            WHEREAS, the parties have agreed to amend Schedule C to the Agreement setting forth those fees paid to ING by Transfer Agent concerning the Funds for administrative services, to reflect, among other things, the correct applicable fee rate for the DWS Equity 500 Index Fund (formerly Xxxxxxx Equity 500 Index Fund).

            NOW THEREFORE, in consideration of the above, the parties agree:

1. That Schedule A to the Agreement, as amended, is hereby deleted and replaced with the new Schedule A attached hereto which reflects, among other things, the name changes of the Funds.

2. That Schedule C to the Agreement, as amended, is hereby deleted and replaced with the new Schedule C attached hereto to reflect, among other things, the new Fund names and the corrected administrative fee for the DWS Equity 500 Index Fund.

3. The Agreement, as modified by this Amendment is hereby ratified and confirmed.

IN WITNESS WHEREOF, the undersigned have executed this Amendment by their duly authorized officers effective as of May 1, 2006.

ING FINANCIAL ADVISERS, LLC                                    ING LIFE INSURANCE AND ANNUITY

                                                                                                COMPANY

By:    /s/ Xxxxxx X. Xxxxxxxx                           By: ___/s/ Xxxx Xxxxxxxx Gilarde_____

Name: __Ronald X. Xxxxxxxx                         Name: __Lisa Xxxxxxx Gilarde_______

Title: ____President_______                          Title: ___Vice President____________

DWS XXXXXXX INVESTMENTS SERVICES COMPANY

By:       /s/  Xxxxxxx Xxxxx                              

Name: Xxxxxxx Xxxxx                                     

Title: President                                               

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SCHEDULE A

to the Services Agreement

as Amended as of May 1, 2006

Fund Name	Class	Fund Code	Nasdaq Symbol	CUSIP Number
DWS Gold and Precious Metals Fund
Class	A	419	SGDAX	00000X000
DWS Mid Cap Growth Fund
Class	INVESTMENT	808	BTCAX	00000X000
DWS Small Cap Growth Fund
Class	INVESTMENT	821	BTSCX	00000X000
DWS Lifecycle Long Range Fund
Class	INVESTMENT	812	BTILX	233371202
DWS International Equity Fund
Class	INVESTMENT	820	BTEQX	00000X000
DWS Equity 500 Index Fund
Class	INVESTMENT	815	BTIEX	00000X000
Cash Management Fund
Class	INSTITUTIONAL	541	BICXX	00000X000

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SCHEDULE C

to the Services Agreement

as Amended as of May 1, 2006

Fund Name	Class	Fund Code	Nasdaq Symbol	CUSIP Number	Admin. Fee Rate (per annum)
DWS Gold and Precious Metals Fund
Class	A	419	SGDAX	00000X000	__ bps
DWS Mid Cap Growth Fund - Investment Class
Class	INVESTMENT	808	BTCAX	00000X000	__ bps
DWS Small Cap Growth Fund
Class	INVESTMENT	821	BTSCX	00000X000	__ bps
DWS Lifecycle Long Range Fund
Class	INVESTMENT	812	BTILX	233371202	__ bps
DWS International Equity Fund
Class	INVESTMENT	820	BTEQX	00000X000	__ bps
DWS Equity 500 Index Fund
Class	INVESTMENT	815	BTIEX	00000X000	__ bps*

The administrative fee payable each month with respect to a Fund shall be an amount equal to the average daily net assets invested in such Fund during the quarter by Plans for which ING Life Insurance and Annuity Company provides administrative services multiplied by the applicable Admin Fee Rate (per annum) indicated above multiplied by a fraction the numerator of which is the number of days in the quarter and the denominator of which is 365.

There will be no administrative fee associated with the Cash Management Fund-Institutional Class.

* The Administrative Fee Rate for DWS Equity 500 Index Fund – Investment Class will be effective as of August 1, 2005.

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