Pacific Life Offers 8% Bonus on $100,000+ VAs
May 12, 2008
Pacific Life has launched a new bonus variable annuity intended to help near-retirees catch up on their savings.
The Pacific Value Edge will provide an immediate credit of 6% on investments of less than $100,000 and 8% on investments of $100,000 or more.
The bonus is meant to “jump start” clients who are behind in their savings and have less than 10 years until retirement. Investors who choose the Pacific Value Edge can create their own portfolio through the company’s “Power of Diversification” feature.
Investors can choose between a strategic asset allocation service, Portfolio Optimization, or can allocate assets among BlackRock’s Global Allocation V.I. Fund, Franklin Templeton’s VIP Founding Funds and AllianceBernstein’s VPS Balanced Wealth Strategy.
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