NexAnnuity has rolled out a new fixed index annuity that offers market growth potential with principal protection.
US-based retirement solutions business NexAnnuity has launched the NexCompounder Fixed Index Annuity (FIA), a product aimed at individuals seeking both growth and downside protection in their retirement planning. The product offers index-linked crediting strategies tied to three major benchmarks The annuity has a minimum initial premium of US$25,000, with the option to add further contributions during the first contract year. It can be used across Individual Retirement Accounts (IRAs), non-q