US life insurance firm Symetra announced the launch of two new fixed index annuities (FIAs) featuring a new custom index from global wealth management firm Putnam Investments.

The Symetra Stride and Edge Elite annuity products offer clients growth potential and track the performance of three indices, including the new Putnam Dynamic Low Volatility Excess Return Index. “We are very pleased to have the opportunity to work with Putnam on their first FIA partnership and to exclusively offer this compelling new index,” said senior vice president, retirement distribution at Symetra, Andrew Farrell (pictured) . The index chases desirable returns and focuses on

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