Sun Life Financial in Hong Kong has announced the launch of Annuity 100, an investment-linked life insurance product with an annuity option allowing for a range of payment options. Sun Life claims it is the only product in Hong Kong that offers an investment-linked savings and annuity plan with a fixed income stream up to age 100, and a 20-year guarantee period to allow policy beneficiaries to receive the remaining income should the insured die during that period.
Customers will have a choice of four funds to choose from a European bond fund, a European equity fund, a global equity fund and US equity fund. MFS Investment Management, winner of AsianInvestor magazine's...