AuguStar Retirement Launches Enhanced OrionShield Annuities with New Premium Bonuses

AuguStar Retirement Enhances OrionShield Annuities



AuguStar® Retirement, a prominent player in the financial services industry under the Constellation umbrella, has recently revealed exciting enhancements to its popular OrionShieldSM annuities. These improvements not only aim to bolster client growth potential but also represent a strategic move to expand AuguStar’s presence within the Independent Marketing Organization (IMO) sector.

The spotlight of this update is on the OrionShield 10-year fixed indexed annuity (FIA), which now features a tiered premium bonus structure. This allows clients to benefit from a premium bonus of up to 24% that is credited to their initial investment on day one. This new offering is particularly noteworthy as it extends eligibility for premium bonuses to clients aged 81 to 85, a demographic often overlooked in the financial industry.

Marc Socol, Chief Revenue Officer of AuguStar Retirement, expressed that the premium bonus options have always been a hit among clients. He stated, "By featuring five different levels of premium bonuses, OrionShield 10 rises to a new level," further underscoring the company’s commitment to innovation and client-centric offerings.

In addition to the new premium bonus structure, AuguStar is introducing a revamped array of index options that includes the SP MARC 5 index. This specific index, along with three new options developed in collaboration with MerQube—a pioneer in index-linked investing—will offer clients improved diversification choices aimed at maximizing returns. These enhancements are designed to target specific volatility levels for better risk management, enabling faster adaptations to market changes and ultimately improving risk-adjusted returns.

Socol highlighted that in less than two years, their products have surpassed expectations within independent marketing organizations, and these latest enhancements position OrionShield amongst the industry's most competitive offerings. This serves not only existing clients but also targets prospective customers looking for retirement solutions that provide security and growth.

Those interested in exploring these new fixed indexed annuities can find further details on the AuguStar website. The company continues to focus on providing dependable financial products designed to meet the evolving needs of its clients.

About AuguStar Retirement


AuguStar Retirement specializes in the marketing of fixed indexed annuities and multi-year guaranteed annuities through partnerships with banks, brokers, independent marketing organizations, and insurance professionals. As a member of the Constellation family of companies—which includes AuguStar Life, AuguStar Seguros, and several others—AuguStar is backed by significant institutional investments, managing over CA$740 billion in net assets as of December 31, 2024.

This latest initiative reinforces AuguStar Retirement's ongoing dedication to enhancing the lives of its clients through innovative financial solutions. For detailed inquiries or more information regarding their product offerings, potential customers can contact AuguStar directly, or visit their website. With their cutting-edge retirement products, AuguStar Retirement is positioning itself at the forefront of the annuity market, adapting to client needs and market dynamics in an ever-evolving landscape.

Topics Financial Services & Investing)

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