Portfolio

F&G Annuities & Life Launches Its First Registered Index-Linked Annuity: F&G Confidence BuilderSM

New interest crediting strategy, hindsight 20/20SM, customizes approach for clients with its “best of performance” approach

Des Moines, Iowa – February 13, 2024 – F&G Annuities & Life, Inc. (NYSE: FG) (“F&G” or “Company”), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, has launched its first Registered Index-Linked Annuity (RILA), F&G Confidence BuilderSM. The Company’s newest product addresses retirement challenges from volatility to inflation, seeking to find a balance between managing risk and long-term growth potential.

The RILA category has experienced rapid growth over the last few years, with total industry RILA sales forecasted to be at a record level between $44-to $48 billion in 2023 as advisors and consumers continue to find RILAs an attractive solution in the current market. Confidence Builder enhances F&G’s expanding retail product suite, backed by the Company’s number one ranking from J.D. Power in customer satisfaction among annuity providers.

While limited risk exposure is important to American investors, they are still open to some level of risk according to F&G’s recent Risk Tolerance Tracker. Four out of five (77%) respondents reported that some level of risk in exchange for higher return potential is important to them when considering retirement products, indicating a strong appetite for offerings such as RILAs.

“As investors deal with ongoing market volatility and inflation, F&G has designed Confidence Builder to do just that, helping clients build confidence in their retirement strategy with comprehensive options to personalize the product,” said John Currier, President, Retail Markets at F&G. “F&G’s new RILA is positioned to be a solution that maximizes growth potential, limits downside risk and offers flexibility to adapt to changing market conditions.”

Confidence Builder personalizes investment strategies through customizable crediting periods, diverse crediting methods, tailored level of downside protection depending on individual preference and a broad range of index options.

Introducing Hindsight 20/20SM

The innovative Hindsight 20/20 strategy is powered by BofA Securities and tracks three distinct indexes, each designed to perform in different market conditions: BofA MP Balanced Index, BofA MP Growth Index and BofA MP Defensive Index. At the end of the crediting period, regardless of market fluctuations, Hindsight 20/20 applies the “best-of performance” among these three indexes, allowing customers to benefit from the best performing of these indices.

“The BofA MP Indices are inspired by model portfolio strategies and include equity exposure ranging from 40% to 75% to meet different risk tolerance levels as well as varying allocations to four familiar, commonly used assets,” said William Holligan, Managing Director and Head of Structured Equity Derivatives Sales at BofA Securities. “We are pleased to collaborate with F&G, which builds on our commitment to continue providing innovative solutions to clients.”

As investors deal with ongoing market volatility and inflation, F&G has designed Confidence Builder to do just that, helping clients build confidence in their retirement strategy with comprehensive options to personalize the product...

“Imagine being able to capture the best performance from three different indexes, even after the fact. That’s precisely what F&G Confidence Builder’s Hindsight 20/20 offers for clients,” said Tom Olson, SVP, Financial Institutions Distribution for F&G. “With Hindsight 20/20, advisors can focus less on the need to predict market movements while instead focusing on a personalized investment strategy.”

 

 

 

For more complete information about F&G registered index-linked annuities, call your financial professional or F&G at 888.513.8797 for a prospectus. The prospectus contains details on investment objectives, risks, fees, and expenses, as well as other information about the registered index-linked annuity, which you should carefully consider.
About F&G
F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit https://www.fglife.com/.
“F&G” is the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the United States outside of New York. Life insurance and annuities issued by Fidelity & Guaranty Life Insurance Company, Des Moines, IA.
About Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 57 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).