
New Variable Annuities from Charles Schwab
Charles Schwab recently teamed up with Protective Life Insurance Company to launch two new variable annuity products. The Schwab Genesis Variable Annuity will be offered directly to Schwab clients, while the Schwab Genesis Advisory Variable Annuity will be available through independent RIAs. According to a recent ThinkAdvisor article, both products have base annuity fees of 40% to 75% below the industry average.SGVA boasts a total variable account annual expense of 0.45%, excluding optional... Read More
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