New fixed indexed annuity aimed at risk adverse retirement investors seeking alternatives to low-yielding fixed products.

Nationwide has added a new fixed indexed annuity (FIA) to offer clients additional ways to get market exposure via a risk control underlying. The Nationwide Peak 5 FIA is a response to demand from clients seeking an alternative to low-yielding fixed products such as money markets or CDs, and bonds. ‘Market volatility is a serious concern for clients,’ said Eric Henderson, senior vice president of life insurance and annuities at Nationwide. "They are worried their savings might

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