Indexed variable annuities protect against volatility, provide opportunity and people want them.
With COVID-19 vaccinations underway, the prospect of a new normal feels within reach in 2021. However, investing still poses challenges and uncertainty for individuals, especially those looking towards a long retirement.
Indexed variable annuities are emerging as a solution to help investors achieve their long-term financial goals. One such solution is Prudential’s FlexGuard® indexed variable annuity. Launched in May 2020, it features index strategies with buffers that can help limit market losses while providing investors the opportunity for asset growth. Tyson points to the immediate popularity of FlexGuard, which quickly surpassed $1 billion in sales inside of six months, setting an industry record, as evidence of the demand for these types of products.
In fact, Tyson noted that financial professionals who have never before sold an annuity are now looking closely at FlexGuard to help meet their client’s financial needs, especially as consumers are looking for investment-focused products at a time of historically low interest rates.
Click here to watch the full interview with Dylan Tyson.
To learn more about FlexGuard, click here.
This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. If you would like information about your particular investment needs, please contact a financial professional. FlexGuard is not available in OR and NY. 1044581-00001-00