The U.S. life arm of American International Group Inc. has agreed to offer annuities through the Fiduciary Exchange LLC (FIDx) Insurance Exchange system.
AIG Life & Retirement will put fixed, indexed and variable annuities on the Insurance Exchange, according to FIDx.
(Related: FIDx Opens Annuity Supermarket)
Todd Solash, the chief executive officer of AIG Life & Retirement’s individual retirement unit, said in a statement that investors need help from advisors with retirement income planning.
“Financial advisors play a critical role in helping individuals achieve financial and retirement security,” Solash said.
Putting AIG annuities on the FIDx exchange will help advisors help their clients, Solash said.