Sun Life of Canada (U.S.) has introduced a variable annuity with flexible features.

The Futurity Focus Variable Annuity, unveiled last week, does not charge a penalty on withdrawals of purchase payments that have been invested for at least one year. Withdrawals of payments made less than a year previous are subject to a 1% surrender charge.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.