Athene Unveils Enhanced Fixed Indexed Annuity Products for Streamlined Financial Planning

Athene, a leading retirement services company and a subsidiary of Apollo Global Management, Inc., has announced significant enhancements to its Fixed Indexed Annuity products.

The updates focus on simplifying user experience and providing more effective tools for financial professionals. The Athene AccumulatorSM now features Preset Allocations, which enable easier implementation of sophisticated diversification strategies, while the Athene ProtectorSM has introduced a streamlined index lineup and new interest crediting strategies along with rider options that emphasize protection capabilities.

These changes reflect Athene’s commitment to improving the annuity market's accessibility and functionality. Mike Downing, COO of Athene, highlighted the firm’s dedication to simplifying products to aid financial professionals in helping clients secure a stable retirement. These advancements align with industry trends towards digital enhancements, seen in Athene's recent move to complete paperless transactions for replacement annuity business under the Insured Retirement Institute’s Digital First Initiative. This initiative not only expedites processing times significantly but also contributes to a more efficient marketplace for retirement planning solutions. With over $360 billion in total assets, Athene continues to expand its influence in the retirement services sector both in the U.S. and internationally.