The American insurer has filed a registration statement for its first registered index-linked annuity (Rila) that offers exposure to a Janus Henderson equity index.
The Rila, AccumuLink Advance, features an accumulation strategy and offers index accounts of the Janus Henderson Equity Directionality Index (JEDI), Nasdaq 100, MSCI EAFE Index and S&P 500, a Form N-4 submitted by Minnesota Life Insurance Company shows. This will mark the first Rila offered by the fully-owned subsidiary of Securian Financial Group, according to its corporate filings to the US Securities and Exchange Commission (SEC). Minnesota Life did not respond to a request for com