AIG is changing the spreads and caps in their Power Index Annuity series for the better. The coveted Merrill Lynch Strategic Balance Index that benchmarks growth on these contracts has been on a tear with over 6.30% of average yields in the last 10 years, and over 5.80% year-to-date.
This volatility managed index is unlike most in the industry – with no caps, 100% participation rates, and the application of leverage to drive performance and amplify returns.
Spreads on the 10-year Power Plus contract are now coming down to 1.60% per year. This provides some serious upside for your clients who appreciate a sophisticated crediting method that wraps yields in the safety of an index annuity.
Unsure on exactly how VOL strategies work? Contact your Annuity Sales rep to schedule a call – learn how and why top advisors are utilizing them, and how to best present them to your clients.
Together, we can close out 2016 strong! Contact us today for complete details and state availability.