Investment Products and Service Launches

Investment Products and Service Launches

Art by Jackson Epstein Charles Schwab Releases Variable Annuity Options

Charles Schwab has introduced two new variable annuities.

The Schwab Genesis Variable Annuity is offered directly to Schwab clients and the Schwab Genesis Advisory Variable Annuity is available through independent registered investment advisers (RIAs) who custody assets with Schwab Advisor Services. Both products are offered in collaboration with Protective Life Insurance Co. and have base annuity fees 40% to 75% below the industry average.“We know costs matter, and flexibility, choice and guaranteed income are highly valued by clients planning for retirement. That’s why we designed Genesis to be among the […]

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