14:28 PM

Nationwide Adds Two Fixed Indexed Annuities to Help Advisors, Clients With Volatility Concerns, Growth Needs

Columbus, OH - Nationwide, last year’s fastest growing1 fixed indexed annuity (FIA) carrier, announced today that it added two FIAs to its lineup to help advisors with risk-averse clients approaching retirement provide an option for some growth potential with the comfort of a principal guarantee.

The new FIAs, Nationwide SummitSM and Nationwide PeakSM, allow advisors and clients to choose their own index allocation mix by percentage. They can choose one or multiple indices for their individualized index allocation strategy. Clients also can allocate some of their investment to the guaranteed fixed account in addition to the indices.

Nationwide Summit offers clients access to the S&P 500® and J.P. Morgan MOZAICSM Index (USD), a multi-asset index designed to create consistent returns based on a combination of broad diversification, positive momentum and volatility smoothing. J.P. Morgan MOZAIC is only available as an index option within FIAs from Nationwide.

“J.P. Morgan MOZAIC’s track record of generating stable returns is a key part of what makes it compelling to both advisors and clients,” said Eric Henderson, senior vice president of life insurance and annuities at Nationwide. “When you pair this unique index option with the principal protection feature of both Summit and Peak, it presents an attractive retirement planning solution for risk-averse clients looking for the opportunity for growth.”

Nationwide Peak offers clients access to the S&P 500 and MSCI EAFE.

The launch of the FIAs follows Nationwide’s 470 percent year-over-year increase in 2015 FIA sales, propelling the company to a top-five 2015 ranking (PDF)2 and making it the fastest growing carrier in the top 30 FIA providers3. The dramatic increase in sales pushed Nationwide up 17 spots from its 2014 position.

Both Nationwide Summit and Peak FIAs offer the Joint Option feature upon death for no additional cost. The Joint Option allows the annuity’s death benefit to be paid to either surviving spouse, no matter who passes away first or who owns the contract – even in an IRA. Nationwide is able to offer this feature on qualified money due to our death benefits being annuitant driven versus owner driven.

Visit www.nationwide.com or call 1-800-321-6064 for more information about Nationwide Summit and Nationwide Peak FIAs.

About Nationwide

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com. Follow us on Facebook and Twitter.

Nationwide Summit and Nationwide Peak are underwritten by Nationwide Life and Annuity Insurance Company, Columbus, Ohio 43215.

Annuities have limitations. They are long-term vehicles designed for retirement purposes. They are not intended to replace emergency funds, to be used as income for day-to-day expenses, or to fund short-term savings goals. Investing involves risk.

A fixed indexed annuity is not a stock market investment and does not directly participate in any stock or equity investment. It may be appropriate for individuals who want guaranteed interest rates and the potential for lifetime income. Guarantees are subject to the claims-paying ability of the issuing insurance company.

The “S&P 500” is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Nationwide Life and Annuity Insurance Company (“Nationwide”). Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); DJIA®, The Dow®, Dow Jones® and Dow Jones Industrial Average are trademarks of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Nationwide. Nationwide New Height fixed indexed annuity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500.

The product referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such product or any index on which such product is based. The Contract contains a more detailed description of the limited relationship MSCI has with Nationwide and any related funds.

The J.P. Morgan MOZAICSM Index (USD) (“Index”) has been licensed to Nationwide Life and Annuity Insurance Company (the “Licensee”) for the Licensee’s benefit. Neither the Licensee nor Nationwide Summit Fixed Indexed Annuity (the “Product”) is sponsored, operated, endorsed, recommended, sold or promoted by J.P. Morgan Securities LLC (“JPMS”) or any of its affiliates (together and individually, “JPMorgan”). JPMorgan makes no representation and gives no warranty, express or implied, to contract owners taking exposure to the Product. Such persons should seek appropriate professional advice before making any investment. The Index has been designed and is compiled, calculated, maintained and sponsored by JPMS without regard to the Licensee, the Product or any contract owner. JPMorgan is under no obligation to continue compiling, calculating, maintaining or sponsoring the Index. JPMorgan may independently issue or sponsor other indices or products that are similar to and may compete with the Index and the Product. JPMorgan may also transact in assets referenced in the Index (or in financial instruments such as derivatives that reference those assets). These activities could have a positive or negative effect on the value of the Index and the Product.

Neither Nationwide nor any of its affiliates are related to, nor affiliated with, J.P. Morgan, Standard & Poors or MSCI.

[1] Based on the top 30 carriers in 2015’s LIMRA Secure Retirement Institute U.S. Individual Annuities Sales Survey, Participant’s Report, Fourth Quarter 2015

[2] LIMRA Secure Retirement Institute U.S. Individual Annuities Sales Survey, Participant’s Report, Fourth Quarter 2015

[3] The top 30 carriers in 2015 fixed indexed annuity sales each had at least $100 million in sales.