The Hartford is betting that enhancements to its variable annuity suite will pull it ahead of competitors in the race to offer investors secure retirement income options.
The Simsbury, Conn.-based company rolled out its Personal Protection Portfolios, a set of strategies that use futures, options, structured finance investments, among others, to shield policyholders’ principal from equity market shocks and bumps, Steve Kluever, The Hartford’s vice president of annuity product and marketing said during a meeting on Friday.
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