Investment Product and Service Launches
Nationwide Announces New Suite of In-Plan Annuities Nationwide has introduced Nationwide Indexed Principal Protection, an in-plan group fixed indexed annuity, the first of a suite of in-plan annuities that are set to be launched over the course of 2021. This new investment option can provide the potential for growth based on the return of a market index while also providing principal protection. Additionally, there are no investment minimums for participants wanting to allocate to this new option. “Participants, especially those nearing retirement, are looking for ways to protect their in...
Source: plansponsor.com