Life insurance firm Prudential debuts its very first indexed variable annuity product aimed at retirement investors seeking market exposure with downside protection along with the scope to accelerate the performance of their retirement assets into the future.
The FlexGuard is a commission-based product, and is linked to the S&P500 and the MSCI EAFE indices. Investors can choose from three different index crediting strategies and can also opt for a combination if they wish. These allow investors to accelerate their gains above and beyond the index return when specific targets are met. The strategies include a point-to-point with cap rate index, tiered participation rate index, and the step rate plus index rate. Dylan Tyson ( pictured ), presiden
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