AIG Life & Retirement to Put Its Annuities on FIDx Exchange
November 13, 2019 by Allison Bell
The U.S. life arm of American International Group Inc. has agreed to offer annuities through the Fiduciary Exchange LLC (FIDx) Insurance Exchange system.
AIG Life & Retirement will put fixed, indexed and variable annuities on the Insurance Exchange, according to FIDx.
Todd Solash, the chief executive officer of AIG Life & Retirement’s individual retirement unit, said in a statement that investors need help from advisors with retirement income planning.
“Financial advisors play a critical role in helping individuals achieve financial and retirement security,” Solash said.
Putting AIG annuities on the FIDx exchange will help advisors help their clients, Solash said.