Nationwide Adds Fee-Based Guaranteed Lifetime Withdrawal Benefit Rider: Annuity Moves

December 2, 2020 by Allison Bell

FIDx, American Equity, Credit Suisse and Salt Financial also have annuity moves news.

Nationwide is showing fee-based financial advisors that it’s sticking with the annuity living benefits market, in spite of COVID-19 and low interest rates.

The Columbus, Ohio-based insurer is introducing the Nationwide Pro 4 Income Rider, a new, fee-based guaranteed lifetime withdrawal benefit (GLWB) product.

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Credit Suisse, Zurich, says it will be working with Salt Financial, New York, to develop new strategies for its Quantitative Investment Strategies (QIS) investment index programs.

Click HERE to read the full story via ThinkAdvisor

Originally Posted at ThinkAdvisor on December 1, 2020 by Allison Bell.