RetireOne to Sell Corebridge Annuities

The Corebridge offerings now available on the RetireOne platform are the Assured Edge Advisory fixed annuity and the Power Index Advisory index annuity. According to a press release published by the firms, both products are designed to help protect clients’ portfolios, more effectively manage today’s retirement risks and help improve retirement outcomes.

“At Corebridge Financial, we’re here to help financial professionals take action for their clients, delivering solutions that offer principal protection alongside growth potential, liquidity options and protected lifetime income,” says Eric Taylor, senior vice president for independent annuity distribution at Corebridge Financial, in the press release.

The new partnership between Corebridge and RetireOne is being launched some six months after American International Group formally split from Corebridge Financial — a move that it began talking about in October 2020. Thus far, Corebridge has created similar partnerships with a handful of fee-based advisor platforms, including DPL Financial Partners.

Corebridge ranked third in terms of U.S. individual annuity sales in 2022, with about $20 billion in new annualized premiums, including $5.6 billion in variable annuity sales and $14.5 billion in fixed annuity sales.

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