Symetra Adds Indexed Annuity: Annuity Update
June 9, 2020 by Allison Bell
Symetra Life Insurance Company has introduced the Symetra Prestige indexed annuity contract.
USAA Life Insurance Company has started distributing its annuities through NEOS. USAA once sold annuities only through direct channels.
TrueChoice Financial Group LLC has started using the Envestnet Insurance Exchange to help investment advisors and other financial professionals offer annuities.
WinTech, a company that sells retirement valuation and administration software, says it will use longevity analytics technology from Club Vita in its ProVal defined benefit valuation software. Club Vita offers tools for analyzing U.S. longevity data at the ZIP code level.
Milliman Inc. says the overall pension funded ratio for 100 large U.S. corporate defined benefit pension plans it tracks fell to 84% May 31, from 84.5% April 30.