Industrial Alliance Insurance and Financial Services has launched Ecoflextra, its new retirement income product that offers protection and growth.
Ecoflextra can ensure investors of a retirement income guaranteed for life, while allowing them to profit from all the growth potential of the market. Ecoflextra can also offer investors the possibility of being credited a 5% bonus on their guaranteed income for the first 15 years of the contract if no withdrawal is made.
Bruno Michaud, senior vice president of administration and sales at Industrial Alliance, said: Ecoflextra offers a solution to manage all these risks. It provides a lifetime retirement income that is secure and predictable, with the possibility for investors to profit from potential market upswings, and even to take advantage of a bonus.