Also: Transamerica and Pacific Life bring new features; Blackstone re-insures Pacific Life’s certain FIA products; SEC updates guidance on Rila disclosure.

Lincoln Financial has added a one-year participation account linked to the Nasdaq Priva Index (NDXPRIVA) to its Lincoln OptiBlend fixed indexed annuity (FIA) on an exclusive basis, on top of an additional one-year cap lock account linked to the S&P 500, the carrier announced on Monday (18 August). Incepted on 1 August, the daily rebalanced index comprises 21 tranches, each resetting according to a tranche reset schedule, with the return of each capped at four percent between successive tran