F&G Annuities & Life, Inc. Launches F&G Confidence Builder℠ - A New Registered Index-Linked Annuity

Des Moines, Iowa – February 13, 2024 – F&G Annuities & Life, Inc. (NYSE: FG), a leading provider of insurance solutions, has introduced its first Registered Index-Linked Annuity (RILA), named F&G Confidence Builder℠. This innovative product is designed to address the retirement challenges posed by market volatility and inflation, aiming to balance risk management with long-term growth potential.

The Growth of RILAs

The RILA market has seen significant growth over the past few years. Industry forecasts for 2023 predict record sales between $44 and $48 billion. This growth is driven by the appeal of RILAs as attractive solutions for both advisors and consumers in today's market. Confidence Builder is a strategic addition to F&G’s expanding retail product portfolio, further supported by the Company’s number one ranking in customer satisfaction among annuity providers by J.D. Power.

Understanding Investor Risk Tolerance

American investors prioritize limited risk exposure but are open to some level of risk for higher return potential. F&G’s recent Risk Tolerance Tracker survey revealed that 77% of respondents find some level of risk important when considering retirement products. This indicates a strong appetite for products like RILAs, which offer a balanced approach to risk and growth.

The Features of Confidence Builder

John Currier, President of Retail Markets at F&G, highlighted that Confidence Builder is designed to help clients build confidence in their retirement strategy with options to personalize the product. The new RILA aims to balance growth potential while limiting downside risk and offers flexibility to adapt to changing market conditions.

Confidence Builder allows personalization of investment strategies through customizable crediting periods, diverse crediting methods, tailored downside protection levels, and a broad range of index options.

Introducing Hindsight 20/20℠

A standout feature of Confidence Builder is the Hindsight 20/20 strategy, powered by BofA Securities. This strategy tracks three distinct indexes: BofA MP Balanced Index, BofA MP Growth Index, and BofA MP Defensive Index. At the end of the crediting period, Hindsight 20/20 applies the best performance among these indexes, allowing customers to benefit from the best-performing index.

William Holligan, Managing Director at BofA Securities, expressed enthusiasm about the collaboration with F&G. The BofA MP Indices are inspired by model portfolio strategies and include varying levels of equity exposure to meet different risk tolerance levels.

Tom Olson, SVP of Financial Institutions Distribution for F&G, emphasized the advantage of Hindsight 20/20, enabling advisors to focus on personalized investment strategies without the need to predict market movements.

More Information and Disclaimers

For more complete information about F&G registered index-linked annuities, investors are encouraged to contact their financial professional or F&G at 888.513.8797 for a prospectus. The prospectus provides details on investment objectives, risks, fees, and expenses, which should be carefully considered.

Guarantees are based on the claims-paying ability of the issuing insurer, Fidelity & Guaranty Life Insurance Company, Des Moines, IA. F&G Securities, LLC. (FGSL) is a broker-dealer affiliate of F&G and distributes this product. Contracts are subject to state availability, and certain restrictions may apply.

About F&G

F&G is committed to helping Americans turn their aspirations into reality. As a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, F&G is headquartered in Des Moines, Iowa. For more information, please visit [fglife.com](https://www.fglife.com).

About Bank of America

Bank of America is a global leader in financial services, serving a wide range of clients with comprehensive banking, investing, asset management, and risk management products. For more information, visit the Bank of America newsroom and register for news email alerts.

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Disclaimer: BofA Securities Inc. and its Affiliates (“BofAS”) are not responsible for any obligations of the Licensee or any annuity product. BofAS makes no warranties and bears no liability with respect to the indices, related information, trademarks, or products.

For the original news release, visit [F&G Launches First RILA](https://www.fglife.com/news/fg-launch-first-rila).