Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Retirement Planning > Retirement Investing > Annuity Investing

Phoenix, AltiSure team up for annuity

Your article was successfully shared with the contacts you provided.

The Phoenix Companies is now offering the Premier LifeStyle Annuity, a single-premium indexed annuity.

Designed for pre-retirees and retirees, the annuity offers four indexed accounts, principal protection and a guaranteed lifetime withdrawal benefit. The product uses what Phoenix calls a Safety Growth Strategy, an index-crediting strategy that the company says allows for greater growth potential than traditional cap-crediting strategies.

As an optional rider, clients can select the Enhanced Guaranteed Income and Family Wealth Transfer Benefit (Enhanced G.I.F.T. Benefit) — which allows for guaranteed lifetime withdrawals, even if the annuity’s account value is reduced to zero, and an enhanced death benefit.

The annuity is available exclusively through the AltiSure Group.

“Since September of last year, we’ve enjoyed a great partnership with AltiSure,” says Dana Pedersen, vice president and product officer of Phoenix. “We have worked together to bring a unique and forward-thinking approach to annuities that can meet a variety of retirement planning needs. We are confident that the Premier LifeStyle Annuity continues to deliver on this goal.”

For more information about the Premier LifeStyle Annuity, visit


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.