Indexed annuity designer Annexus has done it again, this time partnering up with Nationwide to develop a new lifetime withdrawal feature. Consumers now have the option of combining the new feature, the Nationwide High Point 365 Lifetime Income Benefit rider, exclusively with the company’s New …
Nationwide has announced that they will let go 2,000 captive agents leading some industry experts to conclude that they could become the first mutual insurer to distribute annuities solely through independent agents. “To the best of my recollection, this will be the first time a …
Leading insurance and financial services organization, Nationwide, has just announced the launch of a new fee-based fixed indexed annuity (FIA). According to a recent press release, Nationwide Summit fixed indexed annuity is the first of its kind in their offerings meant to address the needs …
Nationwide Financial is planning to greatly expand their variable annuity business through the purchase of Jefferson National, a strong player in the variable annuity game. Investment News’ Christine Idzelis wrote about the acquisition in the article “Nationwide to buy Jefferson National.” This deal gives Nationwide …
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