March Recap
Nationwide is making a variety of changes to their indexed account offerings in their IUL portfolio effective March 15, 2025. Their uncapped account will see a 50bps reduction in the spread, High cap account will see 50bps reduction in cap, Managed Volatility accounts will see a 5% increase in participation rates and their Multi- index High cap account will see a 15bps reduction in the asset fee.
John Hancock has re-priced their Term suite, effective March 17, 2025. This update includes decreases of approximately 13% between ages 35-60 for face amounts under $2,000,000 and in some cases as much as 40% on both Protection Term and Vitality Term.
John Hancock has re-priced Accumulation VUL, effective March 17, 2025. This update included minimal pricing changes but added Barclays Global MA Classic Indexed Account, Lindex Loan Option and GI rate class.
Lincoln is launching a new accumulation IUL product effective March 24, 2025. It features new indexed account offerings marketed as the next generation of S&P based accounts. This product will eventually replace Wealth Accumulate II with early cash value and protection focused product versions to follow later in the year.
