The annuity product comprises crediting strategies which is based on two Deutsche Bank-sponsored indices.
The product offers various benefits to help investors accumulate retirement assets without the fear of suffering market loss, with an optional withdrawal benefit that offers an increasing benefit base and guaranteed lifetime income payments, available for an additional cost.
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The strategy aims to deliver value across a range of global equity markets and sectors by employing Deutsche Bank’s proprietary CROCI (Cash Return on Capital Invested) valuation methodology.
Delaware Life’s head of distribution, Tom Seitz, said: "We are excited about our new product and our new partnership with Deutsche Bank. The retirement savings market is clearly signaling increased demand for intelligent index annuity products, and we believe Retirement Chapters 10 brings investment diversity with real-world value to the space."
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