Midland National Launches First Fee-Based MYGA with ADL Benefit Rider, Expanding Solutions Built for RIAs
Midland Advisory, part of Midland National® Life Insurance Company, today announced the launch of Oak ADVantage® Care, the first fee-based multi-year guarantee annuity (MYGA) in the industry to include an Activities of Daily Living (ADL) benefit rider.
Midland National and Dimensional Fund Advisors Announce Collaboration to Deliver New ETF-based Custom Index Annuity Solutions for Advisors and Their Clients
Midland Advisory, part of Midland National® Life Insurance Company, announces a new collaboration with Dimensional Fund Advisors to enhance index-linked annuity solutions. This initiative introduces a creative way for advisors to access Dimensional’s investment philosophy within the framework of a registered index-linked annuity (RILA), in which performance is linked to a custom index constructed using Dimensional’s industry-leading systematic active Exchange Traded Funds (ETFs).
Midland Advisory Focused on Growing Registered Investment Advisor Channel Presence
Midland National® Life Insurance Company, a member company of Sammons Financial Group®, is seeing strong growth in annuity sales through its Midland Advisory channel. Established in 2020, Midland Advisory has invested in a strategy to bolster product sales through the Registered Investment Advisor (RIA) channel. In that time, the team has introduced several new annuity products, some of which have ranked first in their category.
