Allianz intros one annuity, sunsets another
November 21, 2013 by Maria Wood
Allianz Life launched a new fixed indexed annuity (FIA) while slumping sales forced it to discontinue another product.
Its latest FIA, Allianz Signature 7, is targeted to the registered rep and broker-dealer community, according to Matt Gray, vice president of product innovation at Allianz. While those distributors are beginning to warm to FIAs, they have previously been reluctant to offer products that have surrender charge periods longer than seven years. Click here to read…