The trend in fee-based fixed indexed annuities continues with a recent announcement from Symetra Life Insurance Company. The leading fixed annuity provider has introduced two new FIAs built for fee-based planning, according to a recent press release. Symetra Advisory Edge and Symetra Advisory Income Edge …
In an effort to address both inflation and longevity, Ohio National has launched a new fixed indexed annuity (FIA) guaranteed living withdrawal benefit (GLWB) rider. According to a recent article from InsuranceNewsNet, ONdex Income Accelerator GLWB is guaranteed to increase by at least 3% a …
In recent trends, fixed indexed annuities (FIAs) have gained in popularity thanks to several attractive perks, including participation in market gains. But with the new fiduciary rule from the Department of Labor, advisors who sell these products will have to comply with the best interest …
2008 was a difficult year for many financial sectors, and the annuity business was no exception. With the possible implementation of the Department of Labor’s (DOL’s) fiduciary rule rapidly approaching, many industry experts are predicting that 2017 will prove to be just as challenging. Here’s …
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