Halo Investing, a Chicago-based financial products platform, has added two annuities from AIG Life & Retirement.
AIG’s fee-based Power Index Advisory and Assured Edge Advisory annuities will be available to users of the platform, which also offers structured notes, market-linked CDs and buffered ETFs.
"Joining Halo will enable AIG Life & Retirement to support more advisers who want access to fee-based annuities as they design income strategies for their clients' retirement portfolios," Terri Fiedler, CEO of AIG Financial Distributors, said in a press release.
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Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
