Subscriber Login

Principal Financial to Offer a GLWB Exchange Program – Not a Buyback

Steven D. McDonnell

It’s our opinion that vintage variable annuity benefits remain problematic for quite a few insurers, and we expect more de-risking measures to be taken over time.  Last week Principal Financial filed a program that will allow clients to trade out of older VAs into ones offering newer (read: less risky) lifetime withdrawal benefits...

Login To See Full Report