Providers of indexed and structured annuities in the US are piling up resources to increase the offering of commission-free annuity products to fee-only advisors as the registered independent advisor (RIA) channel gets momentum.

Ohio-based Nationwide Financial Individual Products & Solutions has appointed Cathy Marasco ( pictured ) as associate vice president, fee-based product development. Marasco will have responsibility over product strategy and management of the firm’s fee-based annuity suite, including the Monument Advisor flagship annuity and the first fee-based single premium annuity, Nationwide Advisory Income. Nationwide, which added the Morgan Stanley 3D index as a new option to its Nationwide Peak

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