We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Industry News

Categories

  • Industry Articles (21,052)
  • Industry Conferences (2)
  • Industry Job Openings (35)
  • Moore on the Market (408)
  • Negative Media (144)
  • Positive Media (73)
  • Sheryl's Articles (799)
  • Wink's Articles (346)
  • Wink's Inside Story (272)
  • Wink's Press Releases (121)
  • Blog Archives

  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • September 2008
  • May 2008
  • February 2008
  • August 2006
  • Phoenix Companies Partners with Credit Suisse to Launch CS Tactical Multi Asset Index

    October 22, 2014 by The Phoenix Companies

    New Crediting Options Linked to Exclusive Index Enhances Fixed Indexed Annuities Portfolio

    HARTFORD, Conn.–(BUSINESS WIRE)– The Phoenix Companies, Inc. (NYSE: PNX) today announced that it has entered into a partnership with Credit Suisse to license the CS Tactical Multi Asset Index?, a new Exchange Traded Fund (ETF)-based index available exclusively to Phoenix fixed indexed annuities and managed directly by Credit Suisse.

    “Over the last five years, Phoenix has built a fixed indexed annuity product portfolio that offers a selection of indexed accounts featuring strategies that benefit from market gains, while offering protection from downside risk,” said Dana Pedersen, vice president and product officer for Phoenix. “This new partnership with Credit Suisse and the addition of indexed accounts linked to an ETF-based index enhance the value we are able to offer through our existing fixed indexed annuities.”

    “Credit Suisse is excited to work with Phoenix to deliver a dynamic, cross-asset index to its investors, which demonstrates our strength and experience in designing innovative solutions for our partners,” said James Masserio, Managing Director and Americas Head of Equity Derivatives for Credit Suisse.

    Product Features

    CS Tactical Multi Asset Index allocates across a selection of 10 ETFs with the goal of optimizing return for a given level of risk, measured by volatility. The index offers exposure to four separate asset classes and is dynamically re-balanced and based on concepts found in modern portfolio theory. While there is no direct investment in the Index, the annuity offers accounts that can receive credits for Index performance above a certain threshold (a “spread rate”).

    Enhancing Phoenix’s Existing Product Portfolio

    Accounts offering the CS Tactical Multi Asset Index will be available on Phoenix’s four core fixed indexed annuity offerings: Personal Income Annuity, Personal Protection Choice?, Personal Retirement Choice? and Index Select Gold® Bonus. Each product will offer two new indexed accounts that track the CS Tactical Multi Asset Index, a 1- and 2-year point-to-point indexed account with a spread rate.

    “The CS Tactical Multi Asset Index offers our customers an index with an innovative approach to asset class diversification while hedging against volatility,” said Ms. Pedersen. “This approach helps to limit the impact any single asset class can have on the overall index and in turn, provides the potential for positive returns even when one of the asset classes may experience a downturn.”

    To learn more about the CS Tactical Multi Asset Index and other Phoenix annuity products, agents, financial advisors and other distributors can contact their Phoenix wholesaler, the Phoenix Life and Annuity Sales Desk at 800-417-4769, or visit www.phoenixwm.com.

    About Phoenix

    The Phoenix Companies, Inc. (NYSE:PNX) helps financial professionals provide solutions, including income strategies and insurance protection, to families and individuals planning for or living in retirement. Founded as a life insurance company in 1851, Phoenix offers products and services designed to meet financial needs in the middle income and mass affluent markets. Its distribution subsidiary, Saybrus Partners, Inc. offers solutions-based sales support to financial professionals and represents Phoenix’s products among key distributors, including independent marketing organizations and brokerage general agencies. Phoenix is headquartered in Hartford, Connecticut, and its principal operating subsidiary, Phoenix Life Insurance Company, has its statutory home office in East Greenbush, New York. For more information, visit www.phoenixwm.com and www.saybruspartners.com.

    About Credit Suisse AG

    Credit Suisse AG is one of the world’s leading financial services providers and is part of the Credit Suisse group of companies (referred to here as ‘Credit Suisse’). As an integrated bank, Credit Suisse is able to offer clients its expertise in the areas of private banking, investment banking and asset management from a single source. Credit Suisse provides specialist advisory services, comprehensive solutions and innovative products to companies, institutional clients and high net worth private clients worldwide, and also to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 45,100 people. The registered shares (CSGN) of Credit Suisse’s parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

    The CS Tactical Multi Asset Index? is sponsored and published by Credit Suisse.Phoenix has entered into an exclusive license agreement with Credit Suisse providing for the right to use the CS Tactical Multi Asset Index and related trademarks in connection with Phoenix indexed annuities. Credit Suisse has not published or approved this document, and the annuities are not sponsored, endorsed, sold or promoted by Credit Suisse. Credit Suisse makes no representation or warranty, express or implied, regarding the advisability of investing in the annuities, and has no obligation or liability in connection with the administration, marketing or sale of Phoenix annuities.

    These annuities are not securities and therefore are not registered with the SEC. They are an insurance company product and have no direct investment in any ETF, stock, bond or mutual fund.

    Phoenix Indexed Annuities are issued by PHL Variable Insurance Company (PHLVIC), Hartford, CT. PHLVIC is not authorized to conduct business in NY and ME. A member of The Phoenix Companies, Inc.Phoenix and Credit Suisse are not affiliates.

    BPD39216

    Prosek Partners
    Gabrielle Simon, 203-254-1300 x108
    gsimon@prosek.com
    or
    Phoenix
    Alice S. Ericson, 860-403-5946
    alice.ericson@phoenixwm.com

    Source: The Phoenix Companies, Inc

     

    Originally Posted at The Wall Street Transcript on October 21, 2014 by The Phoenix Companies.

    Categories: Industry Articles
    currency