India
Max Life Insurance Launches Smart Guaranteed Pension Plan. Insurance News, March 14, 2022.
Max Life Smart Guaranteed Pension Plan is a non-linked, non-participating single premium individual/group general annuity plan. The plan will provide the annuitant with a regular income stream.
India
Tata AIA Life Insurance Launches Fortune Guarantee Pension. Livemint, February 11, 2022.
Tata AIA Life Fortune Guarantee Pension is a flexible annuity that guarantees income for life. The annuity also offers the option of guaranteed additions and the option of choosing an annuity in advance. A joint life option is offered whereby secondary annuitants can receive benefits in the event of the death of the primary annuitant.
United States
Guardian Unveils Fixed Index Annuity. Press release, March 28, 2022.
The Guardian Secure Index Annuity offers guaranteed retirement income clients cannot outlive, with additional growth potential. It comes with an optional guaranteed living benefit rider, the Guardian Income Magnifier Rider.
United States
MassMutual Introduces New Variable Annuity with Guaranteed Lifetime Withdrawal Benefit. Press Release, March 14, 2022.
MassMutual Envision is a variable annuity with an optional guaranteed lifetime withdrawal benefit. The annuity has a wide range of investment choices which include asset allocation funds, bond funds, traditional equity funds, and specialty funds.
United States
AIG Life & Retirement and Annexus Launch X5 Accelerator Annuity, Powerful New Opportunity to Increase Income in Retirement. Yahoo Finance, March 7, 2022.
The X5 accelerator annuity emphasises income growth to help consumers generate more income for retirement. The product includes the following acceleration features: bonus equal to 35% of the premium that is immediately added to the lifetime income benefit, and a multiplier that can increase lifetime income by 250% of net interest earned every year.
United States
Reliance Standard Launches New Annuity Product: Reliance Accumulator. Business wire, February 23, 2022.
The Reliance Accumulator is a fixed annuity product. The annuity offers flexible year duration, a fixed interest strategy together with five index interest strategies based on the S&P index. It also offers a higher participation rate strategy with a spread that will then be deducted to calculate the index interest amount.
United States
Athene Launches Athene Amplify 2.0, a Next-Generation Registered Index-Linked Annuity (RLIA). Press Release, January 25, 2022.
Athene Amplify 2.0 is a RILA. The annuity features include two buffer options of 10% and 20% for downside protection, three term periods to manage market volatility, and five complementary indices.
United States
AIG Life & Retirement Creates New Category of Structured Investing with Advanced Outcomes Annuity. January 24, 2022.
Advances Outcomes Annuity is a variable annuity featuring structured outcome investments. It offers three different options to capture growth potential: par up, spread, and stacker cap. The annuity also features three downside protection options: par down, floor, and buffer.