Security Benefit Life’s Secret Sauce
April 6, 2021 by Kerry Pechter
Joe Wittrock, CIO at Security Benefit Life, explains how the firm’s investments outperform. Eldridge Industries, run by ex-Guggenheim president Todd Boehly, owns SBL, Billboard magazine and lots else.
There’s a belt-and-suspenders aspect to pegging the performance of a fixed indexed annuity (FIA)—a product that can’t lose money unless “surrendered” prematurely—to the movement of an index designed to move less than the market.
Originally Posted at Retirement Income Journal on April 1, 2021 by Kerry Pechter.
Categories: Industry Articles
