Sammons Institutional Group (SIG) has added a new custom index in partnership with Nasdaq and BNP Paribas to its registered index-linked annuity (Rila) shelf.

The Nasdaq-100 Max 30 Index (NDXMAX30) is now exclusively available on the LiveWell Dynamic Annuity, which makes it the only Rila on the market offering a 30% volatility target index. ‘We’re pleased to build upon the success of the LiveWell Dynamic Annuity by adding this new index to the lineup,’ said Greg Bonzagni (pictured) , vice president and head of distribution at Sammons Institutional Group (SIG).  Launched in July 2022, the LiveWell Dynamic Annuity sold US$48.6m