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Life Health > Life Insurance

TD Ameritrade Adds Pacific Life Indexed Annuity

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TD Ameritrade is now offering a non-variable indexed annuity from Pacific Life.

(Related: TD Ameritrade to Offer Jackson Annuity)

TD Ameritrade has already been selling fixed annuities and fee-based variable annuities.

The company is now selling the Pacific Index Foundation annuity through TD Ameritrade annuity specialists, Pacific Life announced Thursday.

The Pacific Life annuity is the first indexed annuity to be offered through the TD Ameritrade program, the company said.

Brian Woolfolk, senior vice president of sales and chief marketing officer for Pacific Life’s retirement solutions division, said in a statement about the new relationship that the annuity may appeal to retirement savers who remember the 2007-2009 market downturn but might want more growth potential than they get from other options.

— Read Annuity Product Update: Vantis Life, Nationwide, Pacific Life, on ThinkAdvisor.

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NOT FOR REPRINT

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