Guardian Introduces Guardian Market Perform to Bolster Retirement Annuity Portfolio

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The Guardian Life Insurance Company of America® (Guardian) has unveiled Guardian Market Perform, a new Registered Index-Linked Annuity (RILA) aimed at enhancing individuals’ retirement asset accumulation while providing a degree of protection.

This new addition expands Guardian’s lineup of retirement-focused annuities, which already includes fixed index annuities, single premium deferred fixed annuities, single premium immediate annuities, and deferred income annuities. With over $3 billion in annuity sales in 2023 and recognition as one of the fastest-growing annuity carriers, Guardian maintains its position as a leader in annuity sales and retirement planning.

Guardian’s commitment to addressing evolving retirement challenges is evident in its product development efforts, which align with findings from its recent Mind, Body, and Wallet™ study. The study highlights increasing financial stress among Americans, with concerns about having sufficient savings for retirement and ensuring a guaranteed income source during retirement ranking highest. Moreover, the study underscores that despite a majority having retirement plans, many individuals prioritize immediate financial needs, potentially leaving them ill-prepared for retirement.

Michael Ferik, Guardian’s Head of Individual Markets, emphasized the company’s dedication to supporting clients’ well-being by providing products that balance growth potential and asset protection. Guardian MarketPerform represents a strategic offering amid today’s economic uncertainties, reflecting the company’s ongoing commitment to empowering financial professionals and clients through digital tools and educational resources for informed retirement planning decisions.