NU Online News Service, Sept. 16, 2004, 2:45 p.m. EDT
The Principal Financial Group has introduced a new variable universal life product for the retirement income market.[@@]
The Principal Variable Universal Life Income is positioned as a way for investors to supplement retirement income. It offers tax-deferred accumulation, a variety of funding strategies, the ability to develop a personal allocation plan and the freedom for investors to gain access to their money, according to the Principal, in Des Moines, Iowa.