Nationwide Introduces Simplified, No-Load Variable Annuity
Building on its long-term partnership, Nationwide Financial today introduced Nationwide Income Architect(TM) Annuity (NIAA) to help fee-based
The new product is an individual, flexible premium, deferred variable annuity (http://www.nationwide.com/annuity-investments.jsp) with a Guaranteed Lifetime Withdrawal Benefit that provides clients with guaranteed retirement income. It does this in the form of a simplified, no-load variable annuity that allows advisors to construct individual fund portfolios for their clients with product and living benefit fees of just 1.0 percent.*
"The introduction of Nationwide Income Architect is a great example of how we like to work with our partner firms to develop solutions for their specific needs." said
"This research has opened the eyes of many fee-based advisors who may not have previously appreciated the role a variable annuity can play in client portfolios," Henderson said. "Ibbotson makes a very compelling case for advisors who are looking for opportunities to enhance income potential for clients, while helping to reduce risk."
Nationwide Income Architect is a comprehensive product that offers value to clients by way of triple protection: Lifetime income with the ability to cover a spouse; tax deferred growth; and asset allocation with diversification.
TNS C 71NayakRashmita 120615-JF78-3911761 StaffFurigay
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|Source:||Targeted News Service|