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New Nationwide Annuity Rider Designed for Growth Potential

Indexed annuity designer Annexus has done it again, this time partnering up with Nationwide to develop a new lifetime withdrawal feature. Consumers now have the option of combining the new feature, the Nationwide High Point 365 Lifetime Income Benefit rider, exclusively with the company’s New …

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Nationwide: Annuity Distribution Trendsetter?

Nationwide has announced that they will let go 2,000 captive agents leading some industry experts to conclude that they could become the first mutual insurer to distribute annuities solely through independent agents. “To the best of my recollection, this will be the first time a …

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Nationwide Launches New Fee-based FIA

Leading insurance and financial services organization, Nationwide, has just announced the launch of a new fee-based fixed indexed annuity (FIA). According to a recent press release, Nationwide Summit fixed indexed annuity is the first of its kind in their offerings meant to address the needs …

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Annuity Providers: Shakeups at New York Life, Nationwide

Due to the increased costs of hedging risk during a market downturn, Pacific Life has increased the fee of a popular annuity product.  A new article from Janet Paskin of Smart Money says that the Foundations 10 variable annuity, which had guaranteed an annual return …

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