September 2024 Annuity Updates from Corebridge Financial

Marketing Spotlight:

Help your clients to plan for retirement income by visiting the Action Planner Series Income Planning Worksheet for more information. 

Trusts play an important part in the estate planning process and have become increasingly more common. Visit our Funding a Trust with an Annuity advanced sales guide to learn more. 

Product Updates:

Order Entry Update

Effective September 23, 2024, the Carrier name for Corebridge Financial will be updated for Variable, Index, and Assured Edge products on the following Order Entry Platforms.

Affirm and AN4:
Current Name: Corebridge Financial (Variable, Index and Assured Edge)
New Name: Corebridge Financial 

The other fixed products will remain with the current name, Corebridge Financial (Fixed). There are no form changes in connection with this update.

Operations Updates:

Reg 60 Update

Beginning September 23, 2024, Corebridge Financial will implement an enhanced Disclosure Statement (Appendix 10B), which will be based on standardization guidelines developed by the Life Insurance Council of New York (LICONY).

This new format with the additional data elements should be familiar, as many of our peers have already adopted and implemented similar formats for what has become the industry standard in the State of New York. Learn more here.